Wednesday, November 30, 2022
HomeElectronicsSTMicroelectronics Pronounces Standing of Widespread Share Repurchase Program

STMicroelectronics Pronounces Standing of Widespread Share Repurchase Program


STMicroelectronics declares full particulars of its widespread share repurchase program (the “Program”) disclosed through a press launch dated July 1, 2021. The Program was accredited by a shareholder decision dated Could 27, 2021, and by the supervisory board.

STMicroelectronics declares the repurchase (by a dealer performing for the Firm) on the regulated market of Euronext Paris, within the interval between Sep 05, 2022, to Sep 09, 2022 (the “Interval”), of 253,062 odd shares (equal to 0.03% of its issued share capital) on the weighted common >buy worth per share of EUR 35.2102 and for an total worth of EUR 8,910,357.05.

Under is a abstract of the repurchase transactions made in the middle of the Interval in relation to the odd shares of STM, in an in depth type.
Transactions in Interval

Dates of transaction Variety of shares bought Weighted common buy worth per share (EUR) Whole quantity paid (EUR) Market on which the shares have been purchased (MIC code)
05-Sep-22  42,714  34.5223  1,474,585.52 XPAR
06-Sep-22  66,261  34.8329  2,308,062.79 XPAR
07-Sep-22  53,340  34.8382  1,858,269.59 XPAR
08-Sep-22  61,440  35.6942  2,193,051.65 XPAR
09-Sep-22  29,307  36.7280  1,076,387.50 XPAR
Whole for Interval  253,062  35.2102  8,910,357.05

Following the share buybacks detailed above, the Firm holds in complete 4,589,337 treasury shares, which represents roughly 0.5% of the Firm’s issued share capital.

In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Fee Delegated Regulation (EU) 2016/1052, a full breakdown of the person trades within the Program are disclosed on the ST web site buyers.st.com/buyback-program

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments