Stmicro Stock Price, News & Analysis

STMicroelectronics (NYSE: STM), a global semiconductor leader, has published its Annual Report on Form 20-F for the year ending December 31, 2022. The report, containing audited financial statements, is available on the company's website and the U.S. Securities and Exchange Commission (SEC) site. Shareholders can request a hard copy from the Investor Relations Department. STMicroelectronics emphasizes its commitment to sustainability, aiming for carbon neutrality by 2027 and supporting advancements in mobility, energy management, and the Internet of Things.

STMicroelectronics has introduced new STM32U5 microcontrollers (MCUs) that enhance performance and energy efficiency for IoT and embedded applications. The STM32U5 series is the first general-purpose MCUs to gain NIST embedded random-number entropy source certification. With up to 4Mbyte Flash and 2.5Mbyte SRAM, these MCUs support complex applications, including advanced wireless security systems, as evidenced by Ajax Systems' adoption. Scheduled for volume production in Q2 2023, pricing starts at $2.15 for 10,000 units.

STMicroelectronics has announced the completion of a common share repurchase program, detailing transactions from February 13 to February 17, 2023. A total of 139,089 shares were repurchased, accounting for 0.02% of its issued share capital, at a weighted average price of EUR 45.8388, for a combined price of EUR 6,375,673.43. This buyback aims to fulfill obligations related to employee share options. Following these transactions, the company holds 8,524,747 treasury shares, representing approximately 0.9% of the total issued capital.

STMicroelectronics has announced the progress of its common share repurchase program for the period from February 6 to February 10, 2023. During this time, the company bought back 139,770 ordinary shares, which is 0.02% of its issued share capital, for a total of EUR 6,347,660.54 at a weighted average price of EUR 45.4150 per share. The repurchase aims to fulfill obligations related to employee share option programs. Following these transactions, STMicroelectronics now holds 8,385,658 treasury shares, approximately 0.9% of its issued share capital.

Gridspertise and STMicroelectronics have announced an expanded collaboration on smart-meter technologies during DistribuTECH 2023. This partnership aims to enhance smart meters in the U.S. market, leveraging ST's power-line communication technology for real-time data management. Gridspertise is set to deploy this advanced Chain 2 technology to improve energy consumption awareness and enable automation features. They are also working on ANSI C communication standards and adopting new DLMS-certified standards to enhance interoperability. This strategic development aligns with U.S. federal policies promoting energy transition and grid modernization.

STMicroelectronics has reported its share repurchase program details for the period from January 30 to February 3, 2023. During this time, the company bought back 141,926 shares, accounting for 0.02% of its issued share capital, at a total cost of EUR 6,271,163.09 and a weighted average price of EUR 44.1861 per share. The repurchase aims to fulfill obligations related to employee share option programs. Following these transactions, STMicroelectronics holds 8,245,888 treasury shares, approximately 0.9% of its issued capital.

STMicroelectronics has launched the world’s first MCU Edge-AI Developer Cloud to facilitate embedded AI technology deployment. This innovative platform allows developers to benchmark AI models on STM32 microcontrollers, simplifying hardware and software decision-making.

The STM32Cube.AI Developer Cloud includes an online interface for generating optimized C-code, access to a rich repository of AI models, and the first service for remote benchmarking of edge-AI Neural Networks. This tool aims to accelerate development phases for AI applications, offering notable performance insights.

STMicroelectronics has reported the details of its common share repurchase program for the period spanning from January 23, 2023 to January 27, 2023. During this period, the company repurchased 155,753 ordinary shares, approximately 0.02% of its issued share capital, for a total expenditure of EUR 6,278,379.44 at a weighted average price of EUR 40.3098 per share. The objective of the buyback was to fulfill obligations related to share option programs for employees and management. Following this buyback, STMicroelectronics holds a total of 8,107,436 treasury shares, or about 0.9% of its issued share capital.