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  -  11:35:28 2023-02-03 am EST
46.11 EUR   +1.31%
05:49aSTMicroelectronics reveals single-chip antenna-matching ICs for easier, faster design with Bluetooth« LE SoCs and STM32 wireless microcontrollers
AQ
02/02Mib back below 27,000; wait for ECB and BoE
AN
02/02STMicroelectronics simplifies high-efficiency two-port USB-PD adapters with ST-ONEMP digital controller
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

STMicroelectronics Announces Status of Common Share Repurchase Program

11/28/2022 | 10:31am EST

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Nov 21, 2022 to Nov 25, 2022

AMSTERDAM – November 28, 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 Nov 21, 2022 to Nov 25, 2022 (the “Period”), of 110,645 ordinary shares (equal to 0.01% of its issued share capital) at the weighted average purchase price per share of EUR 37.0375 and for an overall price of EUR 4,098,009.96.

The purpose of these transactions under article 5(2) of Regulation (EU) 596/2014 (the Market Abuse Regulation) was to meet obligations arising from share option programmes, or other allocations of shares, to employees or to members of the administrative, management or supervisory bodies of the issuer or of an associate company.

The shares may be held in treasury prior to being used for such purpose and, to the extent that they are not ultimately needed for such purpose, they may be used for any other lawful purpose under article 5(2) of the Market Abuse Regulation.

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)
21-Nov-22 22,593 36.9914 835,746.70 XPAR
22-Nov-22 22,610 36.7244 830,338.68 XPAR
23-Nov-22 22,216 36.8883 819,510.47 XPAR
24-Nov-22 21,646 37.3677 808,861.23 XPAR
25-Nov-22 21,580 37.2360 803,552.88 XPAR
Total for Period 110,645 37.0375 4,098,009.96  

Following the share buybacks detailed above, the Company holds in total 6,991,558 treasury shares, which represents approximately 0.8% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of 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/stock-and-bond-information/share-buyback).

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.
05:49aSTMicroelectronics reveals single-chip antenna-matching ICs for easier, faster design w..
AQ
02/02Mib back below 27,000; wait for ECB and BoE
AN
02/02STMicroelectronics simplifies high-efficiency two-port USB-PD adapters with ST-ONEMP di..
AQ
02/02Mib above 27,000; TIM leads but oil stocks down
AN
02/01A tricky communication exercice for Powell
MS
02/01STMICRO : Gets a Neutral rating from Berenberg
MD
01/30STMICRO : Credit Suisse reiterates its Buy rating
MD
01/30STMicroelectronics unveils world's first MCU Edge-AI Developer Cloud
AQ
01/30Xvisio SeerLens One AR Glasses Use Multiple STMicroelectronics Sensor Technologies
AQ
01/30STMicroelectronics unveils world's first MCU Edge-AI Developer Cloud
AQ
More news
Analyst Recommendations on STMICROELECTRONICS N.V.
More recommendations
Financials (USD)
Sales 2022 16 030 M - -
Net income 2022 3 715 M - -
Net cash 2022 1 937 M - -
P/E ratio 2022 12,7x
Yield 2022 0,48%
Capitalization 45 457 M 45 457 M -
EV / Sales 2022 2,71x
EV / Sales 2023 2,51x
Nbr of Employees 48 254
Free-Float 72,1%
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
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 50,04 $
Average target price 57,45 $
Spread / Average Target 14,8%
EPS Revisions
Managers and Directors
Jean-Marc Chery President & Chief Executive Officer
Lorenzo Grandi President-Finance, Purchasing, ERM & Resilience
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.39.75%45 209
NVIDIA CORPORATION48.55%534 258
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED20.85%471 335
BROADCOM INC.7.80%253 143
TEXAS INSTRUMENTS10.22%167 356
QUALCOMM, INC.23.57%152 288