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. (STM) is a global semiconductor manufacturer that describes itself as a semiconductor leader serving customers across the spectrum of electronics applications. This news page aggregates company announcements, regulatory disclosures, and market-related updates so readers can follow how STMicroelectronics develops and deploys its technologies and manages its business.
Recent communications from STMicroelectronics highlight several recurring themes. The company regularly announces the timing of its quarterly and full-year earnings releases and associated conference calls, providing investors and analysts with updates on financial performance and business outlook. It also reports on its common share repurchase program, disclosing the number of shares bought back on Euronext Paris, the average purchase price, and the resulting level of treasury shares.
Product and technology news includes the introduction of semiconductor devices such as secure NFC chips designed for smart-home networking standards and GaN-based power integrated circuits for motion control in appliances and industrial drives. STMicroelectronics also issues joint press releases with partners and institutions, for example regarding financing agreements with the European Investment Bank to support research, development, and high-volume manufacturing in Italy and France, or collaborations with companies in areas like humanoid robotics and satellite connectivity.
Corporate and sustainability updates appear as well, including power purchase agreements for renewable electricity to support the company’s goal of carbon neutrality and 100% renewable electricity sourcing, as well as outcomes of shareholder meetings and changes in Supervisory Board membership. Investors, analysts, and industry observers can use this page to monitor how STMicroelectronics communicates its strategic priorities, technology roadmap, capital allocation decisions, and progress toward environmental objectives over time.
STMicroelectronics has successfully completed its $750 million share buy-back program initiated on November 5, 2018. Over 2.6 years, the company repurchased 31,261,581 shares at an average price of €20.5362, totaling approximately €641.99 million. As of June 21, 2021, STMicroelectronics holds about 8 million treasury shares, representing 0.9% of its issued capital of 911,204,420 shares. This buy-back was conducted under the authorization of the Supervisory Board and aligns with the European Market Abuse Regulation.
STMicroelectronics announces its innovative secure solution for authenticating Qi-certified wireless chargers, enhancing market safety. The STSAFE secure elements ensure genuine charger authentication with EAL5+ certification, crucial for protecting users' devices. This technology supports both consumer and automotive applications, enabling advancements in a variety of products from smartphones to automotive chargers. The STSAFE-A110 and STSAFE-V110 chips are tailored for these markets, simplifying integration for manufacturers and enhancing trust in charging technologies.
STMicroelectronics has disclosed the latest transactions of its common share repurchase program from June 14 to June 18, 2021. During this period, the company repurchased a total of 7,826 shares at a weighted average price of EUR 31.5405, totaling EUR 246,836.26. With these transactions, STMicroelectronics now holds 7,975,216 treasury shares, representing approximately 0.9% of its issued share capital. This buyback aims to enhance shareholder value and reflects the company's ongoing commitment to returning capital to shareholders.
STMicroelectronics has announced that the low-power Bluetooth module, developed by Lierda Science & Technology Group, incorporates the STM32WB55 Bluetooth LE microcontroller. This module is designed for smart home appliances and IoT applications, featuring protocols like BLE 5.2 and Zigbee 3.0. The LSD1BT-STWB5500 module, already Bluetooth LE certified, simplifies development and accelerates time to market. It includes robust RF performance and supports up to 44 GPIOs, with production expected this month.
STMicroelectronics (NYSE: STM) has launched its Stellar SR6 automotive microcontrollers (MCUs), designed for advanced vehicle electronics. These MCUs are focused on enhancing performance and safety in high-end body and drivetrain applications. They support independent applications on a single device and are compliant with ISO 26262 ASIL-D safety standards. The Stellar SR6 family is expected to streamline vehicle wiring and facilitate Over-The-Air reprogramming, aiming for production readiness in 2024.
STMicroelectronics has disclosed details of its ongoing common share repurchase program, approved in 2018. From June 7 to June 11, 2021, the company repurchased 359,486 shares, representing 0.04% of its issued capital, at an average price of EUR 30.5081, totaling EUR 10,967,244.90. Following these transactions, STMicroelectronics now holds 12,465,956 treasury shares, approximately 1.4% of issued capital. This share buyback aims to enhance shareholder value and signal confidence in the company's future performance.
STMicroelectronics has entered a five-year collaboration with Politecnico di Milano to establish a joint research center focused on advanced materials for sensors. This initiative aims to enhance research and development in MEMS technology, supporting the training of doctoral students and researchers. The collaboration includes upgrading infrastructure with a new 200mm pilot line and aims to create a world-class innovation district in Milan. With over 15 billion MEMS sold, STMicroelectronics aims to drive research in advanced MEMS and related technologies.
STMicroelectronics announced a leadership change as Benedetto Vigna, President of the Analog, MEMS, and Sensors Group, will step down on August 31, 2021 to take on the role of CEO at another company. Jean-Marc Chery, ST's President & CEO, praised Vigna's contributions over his 26-year career, highlighting his role in establishing ST's leadership in MEMS sensors and other technologies. The company aims to ensure a smooth transition during the upcoming weeks.
STMicroelectronics has reported the results of its recently completed common share repurchase program for the period from May 31, 2021 to June 04, 2021. During this timeframe, the company repurchased a total of 338,000 ordinary shares, representing 0.04% of its issued share capital. The shares were purchased at an average price of EUR 30.4312, totaling approximately EUR 10.29 million. Following these transactions, STMicroelectronics now holds 12,119,303 treasury shares, equating to about 1.5% of its issued capital.
STMicroelectronics has partnered with Metalenz to advance optical sensing technology across various sectors, including consumer electronics, automotive, and healthcare. This collaboration includes the development of manufacturing processes for meta-surface optics, which are poised to enhance the performance and efficiency of optical systems. The innovative flat-lens technology promises benefits such as reduced size, lower power consumption, and cost-effectiveness. ST aims to integrate this revolutionary technology into its existing operations by the end of the year, leveraging its expertise in NIR optical sensing.
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