STMICROELECTRONICS N.V. PR NdegC3041C
STMicroelectronics Announces Status of Common Share Repurchase Program
Disclosure of Transactions in Own Shares -- Period from Sep 27, 2021 to Oct 01, 2021
AMSTERDAM -- October 04, 2021 -- 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 July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021 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 Sep 27, 2021 to Oct 01, 2021 (the "Period"), of 31,587 ordinary shares (equal to 0.003% of its issued share capital) at the weighted average purchase price per share of EUR 37.9416 and for an overall price of EUR 1,198,462.66.
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
Weighted Market on
average which the
Number of purchase price shares were
Dates of share per share Total amount bought (MIC
transaction purchased (EUR) paid (EUR) code)
--------------- -------------- -------------- -------------- -------------
28-Sep-21 18,000 37.9613 683,303.40 XPAR
--------------- -------------- -------------- -------------- -------------
29-Sep-21 13,587 37.9156 515,159.26 XPAR
--------------- -------------- -------------- -------------- -------------
Total for
Period 31,587 37.9416 1,198,462.66
--------------- -------------- -------------- -------------- -------------
Following the share buybacks detailed above, the Company holds in total 2,963,850 treasury shares, which represents approximately 0.3% 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://www.globenewswire.com/Tracker?data=63d6YJ-7ehgQ4aAbu_oi_X70CgsLKu5OvK0ax2LqtdkVxfABEDL0BBWc8bQ57m2txfX1v5hOfp1xXC6bTPw79L7jKYXF3Z99urFBU_e0AT36PIyzvIlx5H-f8IRAwzL9TaVHuv4VBnPwXSgS0zb7zg== https://investors.st.com/buyback-program).
About STMicroelectronics
At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with more than 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel : +41.22.929.58.12
https://www.globenewswire.com/Tracker?data=2jl4B81pPoUmPryl_s8FCKnLUjdJuBfqwSmFc9ICjlpPifk_E1zfeKCLTvLDkOweqySS_FphBoOTiYcI4Od6LkC3VEQp6rQTcbEJOL5REQw= celine.berthier@st.com
MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33.6.59.16.79.08
https://www.globenewswire.com/Tracker?data=51Ask5mbMPxdqCAP7cMO_g-SbzeSmgRa8JjGCU3ueQe_X4kPDrw6Ijk6Cx528_8bqJ9fPKOgf3bLKLfeGnO4wtnSv6Pgtn0wZR-2rSLAvgI= alexis.breton@st.com
Attachment
-- C3041C - ST -- Disclosure of transactions in Own Shares PR -- 04 Oct 2021
FINAL FOR PUBLICATION
https://ml-eu.globenewswire.com/Resource/Download/cdf683fd-e1dc-4e4f-8d25-02223ea07806(END) Dow Jones Newswires
October 04, 2021 08:00 ET (12:00 GMT)
