STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Feb 03, 2020 to Feb 07, 2020

AMSTERDAM – February 10, 2020 -- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between February 03, 2020 to February 07, 2020 (the “Period”), of 403,987 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 26.6623 and for an overall price of EUR 10,771,219.97.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.

Transactions in Period

Dates of transaction	Number of share purchased	Weighted average purchase price per share (EUR)	Total amount paid (EUR)	Market on which the shares were bought (MIC code)
Feb 03, 2020	98,166	25.5407	2,507,228.36	XPAR
Feb 04, 2020	98,588	26.4967	2,612,256.66	XPAR
Feb 05, 2020	98,679	27.2462	2,688,627.77	XPAR
Feb 06, 2020	102,999	27.3187	2,813,798.78	XPAR
Feb 07, 2020	5,555	26.8782	149,308.40	XPAR
Total for Period	403,987	26.6623	10,771,219.97

Following the share buybacks detailed above, the Company holds in total 21,716,379 treasury shares, which represents approximately 2.4% of the Company’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 Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website  (https://investors.st.com/buyback-program).

About STMicroelectronics

ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST’s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.
By getting more from technology to get more from life, ST stands for life.augmented.

In 2019, the Company’s net revenues were $9.56 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel : [phone]
[e-mail]

MEDIA RELATIONS:
Alexis Breton          
Corporate External Communications
Tel: + 33 6 59 16 79 08
[e-mail]

Attachment

• C2941C -- Feb 10 2020 -- ST Disclosure of transactions in Own shares_FINAL FOR PUBLICATION