Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. STMicroelectronics N.V.
  6. News
  7. Summary
    STM   NL0000226223

STMICROELECTRONICS N.V.

(STM)
  Report
Real-time Euronext Paris  -  11:35 2022-09-28 am EDT
33.62 EUR   -2.64%
09:44aMIPI I3C Interop Workshop Helps Ensure Seamless Interoperability of Broad Array of Multi-Vendor Devices
AQ
09/27Stmicroelectronics N : BlackRock Inc. - STMicroelectronics N.V. - Schiphol
PU
09/26STMicroelectronics Announces Status of Common Share Repurchase Program
GL
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

STMicroelectronics Announces Status of Common Share Repurchase Program

08/08/2022 | 10:01am EDT

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Aug 01, 2022 to Aug 05, 2022

AMSTERDAM – August 8, 2022 -- 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 Aug 01, 2022 to Aug 05, 2022 (the “Period”), of 169,969 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 37.8806 and for an overall price of EUR 6,438,527.38.

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 transactionNumber of shares purchasedWeighted average purchase price per share (EUR)Total amount paid (EUR)Market on which the shares were bought (MIC code)
01-Aug-22 34,446 37.3271 1,285,769.29 XPAR
02-Aug-22 34,517 37.2019 1,284,097.98 XPAR
03-Aug-22 34,191 37.8513 1,294,173.80 XPAR
04-Aug-22 33,316 38.7835 1,292,111.09 XPAR
05-Aug-22 33,499 38.2810 1,282,375.22 XPAR
Total for Period 169,969 37.8806 6,438,527.38  

Following the share buybacks detailed above, the Company holds in total 3,594,611 treasury shares, which represents approximately 0.4% 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

At ST, we are 48,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 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 connectivity. ST is committed to becoming carbon neutral by 2027. 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
celine.berthier@st.com

MEDIA RELATIONS:
Alexis Breton        
Corporate External Communications
Tel: + 33.6.59.16.79.08
alexis.breton@st.com

Attachment


All news about STMICROELECTRONICS N.V.
09:44aMIPI I3C Interop Workshop Helps Ensure Seamless Interoperability of Broad Array of Mult..
AQ
09/27Stmicroelectronics N : BlackRock Inc. - STMicroelectronics N.V. - Schiphol
PU
09/26STMicroelectronics Announces Status of Common Share Repurchase Program
GL
09/26STMicroelectronics Announces Status of Common Share Repurchase Program
AQ
09/26Italy and Intel pick Veneto as preferred region for new chip plant - sources
RE
09/25Exclusive-Italy and Intel pick Veneto as preferred region for new chip plant - sources
RE
09/23CAES Wins Contracts for Development of Next-Generation, Octa-Core, User-Selectable CPU ..
AQ
09/19STMicroelectronics Announces Status of Common Share Repurchase Program
GL
09/19STMICROELECTRONICS N.V. : Share buyback
CO
09/19STMICROELECTRONICS N.V. : Ex-dividend day for quarterly dividend
FA
More news
Analyst Recommendations on STMICROELECTRONICS N.V.
More recommendations
Financials (USD)
Sales 2022 15 890 M - -
Net income 2022 3 599 M - -
Net cash 2022 1 316 M - -
P/E ratio 2022 8,63x
Yield 2022 0,73%
Capitalization 29 420 M 29 556 M -
EV / Sales 2022 1,77x
EV / Sales 2023 1,62x
Nbr of Employees 48 254
Free-Float 72,0%
Chart STMICROELECTRONICS N.V.
Duration : Period :
STMicroelectronics N.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends STMICROELECTRONICS N.V.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 33,14 $
Average target price 51,30 $
Spread / Average Target 54,8%
EPS Revisions
Managers and Directors
Jean-Marc Chery President & Chief Executive Officer
Lorenzo Grandi Chief Financial Officer & President-Finance
Maurizio Tamagnini Chairman-Supervisory Board
Orio Bellezza President-Technology, Manufacturing & Quality
Philippe Dereeper Executive Secretary & Chief Compliance Officer
Sector and Competitors
1st jan.Capi. (M$)
STMICROELECTRONICS N.V.-20.38%30 216
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED-27.15%366 161
NVIDIA CORPORATION-57.79%308 960
BROADCOM INC.-30.16%188 224
TEXAS INSTRUMENTS-14.73%146 842
QUALCOMM, INC.-34.52%135 142