Welcome to our dedicated page for Stmicro news (Ticker: STM), a resource for investors and traders seeking the latest updates and insights on Stmicro stock.
STMicroelectronics N.V. reports news on its semiconductor products, manufacturing strategy, financial results, and shareholder matters. The company is an integrated device manufacturer with products spanning analog and mixed-signal chips, power and discrete devices, microcontrollers, digital ICs, RF products, MEMS, image sensors, and other sensing technologies for automotive, industrial, personal electronics, cloud infrastructure, and connected-device applications.
Recurring updates include STM32 microcontroller production and supply-chain localization, ST BrightSense and ST FlightSense sensing products, AI data center power-conversion architectures, robotics vision modules, strategic customer engagements, acquisitions that expand sensor capabilities, quarterly earnings, investor presentations, annual meeting resolutions, dividends, and share-repurchase authorizations.
STMicroelectronics announced changes to its trading symbols on the Euronext platform effective March 13, 2023. The common shares listed on Euronext will now have new symbols: ‘STMMI’ for the former Borsa Italiana listing in Milan and ‘STMPA’ for the Euronext Paris listing. This change is necessary due to the migration of Borsa Italiana markets onto the Euronext trading platform, requiring separate trading symbols for each order book. Notably, the STM symbol on the New York Stock Exchange remains unchanged. STMicroelectronics is committed to becoming carbon neutral by 2027.
STMicroelectronics has announced the details of its common share repurchase program for the period between February 27, 2023, and March 3, 2023. During this time, the company repurchased 142,787 ordinary shares at a weighted average price of EUR 45.0676 per share, totaling EUR 6,435,060.65. This repurchase is intended to meet obligations from employee share option programs and may also serve other lawful purposes if not needed for this. Post-repurchase, STMicroelectronics holds 8,808,495 treasury shares, representing approximately 1.0% of its issued share capital.
STMicroelectronics has received USB-IF certification for its new ICs designed for USB Power Delivery (USB PD) Extended Power Range (EPR) chargers. With the ability to deliver up to 140W from a single adapter, these solutions improve charging efficiency across various devices, including computers and e-bikes. The certified reference designs, REF_STUSB140W (sink) and ST-ONEHP (source), comply with USB PD 3.1 specifications, promoting a transition to USB-C connectors and reducing electronic waste. With a commitment to carbon neutrality by 2027, STMicroelectronics continues to innovate in sustainable technology.
STMicroelectronics has disclosed its common share repurchase program, initiated on May 27, 2021. From February 20 to February 24, 2023, the company repurchased 141,913 ordinary shares, representing 0.02% of its issued capital, for a total amount of EUR 6,405,171.53, at a weighted average price of EUR 45.1345 per share. The repurchases, conducted on Euronext Paris, aim to fulfill obligations from share option programs for employees and management. Following these transactions, STMicroelectronics holds 8,666,660 treasury shares, approximately 1.0% of its total issued capital, which may be used for various lawful purposes.
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.
Summary not available.
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.