STMicroelectronics Announces Status of Common Share Repurchase Program

PR N°C2951C

STMicroelectronics Announces Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Mar 30, 2020 to Apr 03, 2020

AMSTERDAM – April 6, 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 March 30, 2020 to April 03, 2020 (the “Period”), of 970,242 ordinary shares (equal to 0.1% of its issued share capital) at the weighted average purchase price per share of EUR 19.0148 and for an overall price of EUR 18,448,970.07.

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)
Mar 30, 2020	198,799	19.1332	3,803,661.03	XPAR
Mar 31, 2020	194,749	19.7454	3,845,396.90	XPAR
Apr 01, 2020	192,612	19.2632	3,710,323.48	XPAR
Apr 02, 2020	191,873	18.7116	3,590,250.83	XPAR
Apr 03, 2020	192,209	18.2059	3,499,337.83	XPAR
Total for Period	970,242	19.0148	18,448,970.07

Following the share buybacks detailed above, the Company holds in total 22,902,671 treasury shares, which represents approximately 2.5% 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

• ST -- Disclosure of transactions in Own Shares PR -- April 6 2020 --FINAL FOR PUBLICATION