STMicroelectronics Announces Status of Common Share Repurchase Program

GlobeNewswire11-04

STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Oct 28, 2024 to Nov 01, 2024 AMSTERDAM – November 4, 2024 -- ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSTMicroelectronics Announces Status of Common Share Repurchase Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-04 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stmicroelectronics-announces-status-common-share-130000154.html><strong>GlobeNewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>STMicroelectronics Announces Status ofCommon Share Repurchase Program\nDisclosure of Transactions in Own Shares – Period from Oct 28, 2024 to Nov 01, 2024\nAMSTERDAM – November 4, 2024 -- ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stmicroelectronics-announces-status-common-share-130000154.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4156","symbol_name":"煤与消费用燃料","start_time":0,"source_url":"https://finance.yahoo.com/news/stmicroelectronics-announces-status-common-share-130000154.html","article_id":"2480300759","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/h0Do_O4g4jo0Nu0itWyqHQ--~B/aD0yNDk7dz0zMjQ7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/globenewswire.com/d407b6c4a421c06d1520398ce69bd9de"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480300759","pubTimestamp":1730725200,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Disclosure of Transactions in Own Shares – Period from Oct 28, 2024 to Nov 01, 2024. AMSTERDAM – November 4, 2024 -- STMicroelectronics N.V. , a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program  disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board.The purpose of these transactions under article 5 of Regulation  596/2014  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 of the Market Abuse Regulation.Below is a sum","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4156":"煤与消费用燃料","STM":"意法半导体"},"translate_title":"意法半导体宣布普通股回购计划状态","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STM":1},"content_text":"STMicroelectronics Announces Status ofCommon Share Repurchase Program\nDisclosure of Transactions in Own Shares – Period from Oct 28, 2024 to Nov 01, 2024\nAMSTERDAM – November 4, 2024 -- 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 June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board.\nSTMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Oct 28, 2024 to Nov 01, 2024 (the “Period”), of 409,408 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 25.5039 and for an overall price of EUR 10,441,483.15.\nThe 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.\nThe 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. \nBelow is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STMicroelectronics (ISIN: NL0000226223), in detailed form. \nTransactions in Period\n\n\n\nDates of transaction\nNumber of shares purchased\nWeighted average purchase price per share (EUR)\nTotal amount paid (EUR)\nMarket on which the shares were bought (MIC code)\n\n\n28-Oct-24\n 66,008 \n 26.2468 \n 1,732,498.77 \nXPAR\n\n\n29-Oct-24\n 43,400 \n 26.5632 \n 1,152,842.88 \nXPAR\n\n\n30-Oct-24\n 85,000 \n 25.9817 \n 2,208,444.50 \nXPAR\n\n\n31-Oct-24\n 100,000 \n 25.2355 \n 2,523,550.00 \nXPAR\n\n\n1-Nov-24\n 115,000 \n 24.5578 \n 2,824,147.00 \nXPAR\n\n\nTotal for Period\n409,408\n 25.5039 \n 10,441,483.15 \n \n\n\n\nFollowing the share buybacks detailed above, the Company holds in total 11,563,022 treasury shares, which represents approximately 1.3% of the Company’s issued share capital.\nIn 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).\nAbout STMicroelectronicsAt ST, we are over 50,000 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 cloud-connected autonomous things. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com.\nFor further information, please contact:INVESTOR RELATIONS:Céline BerthierGroup VP, Investor RelationsTel: +41.22.929.58.12celine.berthier@st.com\nMEDIA RELATIONS:Alexis Breton        Corporate External CommunicationsTel: +33.6.59.16.79.08\nalexis.breton@st.com\n Attachment \n\n C3292C -- Nov 4 2024 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480300759"}