Stmicro Stock Price, News & Analysis

STMicroelectronics has disclosed its latest share repurchase activities conducted between April 11 and April 14, 2022. The company repurchased a total of 201,559 ordinary shares, representing 0.02% of its issued capital, at a weighted average price of €34.6420, totaling approximately €6.98 million. Following this buyback, ST holds a total of 7,110,222 treasury shares, equivalent to about 0.8% of its total issued shares, enhancing shareholder value. The repurchase program reflects STMicroelectronics' commitment to return value to its shareholders and strengthen its capital structure.

STMicroelectronics has revealed details on its common share repurchase program, originally announced in July 2021. From April 4 to April 8, 2022, the company repurchased 268,803 shares, representing 0.03% of its issued capital, for a total of EUR 9,845,665.03 at an average price of EUR 36.6278 per share. Following this buyback, STMicroelectronics holds 6,908,663 treasury shares, equating to approximately 0.8% of its issued share capital.

CEA, Soitec, GlobalFoundries, and STMicroelectronics have announced a collaboration to develop the next generation of FD-SOI technology, vital for automotive, IoT, and mobile applications. This partnership aims to enhance performance, reduce power consumption, and facilitate better integration of features essential for modern applications. The joint initiative highlights the strategic value of FD-SOI for Europe, particularly in addressing the increasing needs in 5G/6G and digitalization, while fostering a sustainable semiconductor ecosystem.

STMicroelectronics has announced it will release its Q1 2022 earnings on April 27, 2022, before trading begins on European Stock Exchanges. The earnings report will be available on the company's website. A conference call to discuss financial results and business outlook will be held at 9:30 a.m. CET / 3:30 a.m. ET on the same day. Additionally, ST will host a Capital Markets Day webcast on May 12, 2022, showcasing future strategies and growth plans. The company continues its commitment to sustainability, aiming for carbon neutrality by 2027.

STMicroelectronics and Seong Ji Industrial have unveiled the LSM module series for sub-GHz LPWAN, integrating ST’s STM32WL microcontroller, the first of its kind to support Sigfox and LoRa technologies. This collaboration aims to optimize wireless connectivity for various applications while ensuring low power consumption and cost efficiency. The series includes models LSM100A, LSM110A, and LSM200A, designed for versatile industrial and consumer use, and certified for multiple frequency bands. The modules are available in compact sizes for easy integration.

STMicroelectronics (NYSE: STM) announced resolutions for its Annual General Meeting (AGM) on May 25, 2022. Key proposals include the adoption of the 2021 statutory annual accounts, a cash dividend of US$ 0.24 per share distributed quarterly, and the reappointment and appointment of Supervisory Board members. Additionally, the company seeks authorization for share repurchases and the issuance of new common shares. The record date for participation is April 27, 2022. The AGM will incorporate safety measures due to COVID-19, allowing remote voting options.

Wacom, STMicroelectronics, and CEVA have joined forces to enhance the digital pen experience through a new collaboration. This initiative focuses on developing a wireless sensor module that integrates advanced features like 3D gesture and motion control into digital pens. A complete reference design will assist OEMs in creating motion-sensing pens for devices such as tablets, smartphones, and interactive whiteboards. The AES Rear IMU Module enhances productivity with its natural user interface and customizable features, aiming to transform how users interact with digital devices.

STMicroelectronics (NYSE: STM) has published its IFRS 2021 Annual Report, detailing a cash dividend proposal of US$ 0.24 per share. The dividend will be distributed in quarterly installments of US$ 0.06 starting in Q2 2022 and continuing through Q1 2023. Key ex-dividend dates include June 20, 2022 for Q2 and September 19, 2022 for Q3. The report is available on their website and was filed with the Netherlands Authority for the Financial Markets. The company is committed to becoming carbon neutral by 2027.

STMicroelectronics has launched a series of economical radiation-hardened integrated circuits (ICs) for low-cost satellites in the booming 'New Space' market. The new components, designed for low-earth orbits, include nine devices such as a data converter and voltage regulator, priced from $70 to $450 for bulk orders. This product line enables more accessible earth observation and broadband services while simplifying satellite design and manufacturing. The components boast robust radiation hardness and high-quality production standards, focusing on cost efficiency for developers.