Stmicro Stock Price, News & Analysis

STMicroelectronics (NYSE:STM) has announced that its Supervisory Board will propose Werner Lieberherr as a new member at the company's 2025 Annual General Meeting. Lieberherr is set to replace Janet Davidson, whose mandate will expire at the end of the 2025 AGM.

The proposed new member brings significant leadership experience, having led global companies across energy, aviation, and automotive sectors in the United States, Asia, Europe, and Switzerland. His most recent position was Chief Executive Officer at Landis+Gyr AG, an integrated energy management solutions provider.

STMicroelectronics (STM) reported Q4 2024 financial results with net revenues of $3.32 billion, down 22.4% year-over-year, and net income of $341 million ($0.37 per diluted share). The company's Q4 gross margin was 37.7%, while operating margin stood at 11.1%.

For the full year 2024, STM posted revenues of $13.27 billion, representing a 23.2% decrease from 2023. The company's FY2024 operating margin declined to 12.6% from 26.7% in FY2023, while net income decreased 63.0% to $1.56 billion.

Looking ahead, STM projects Q1 2025 revenues of $2.51 billion, representing a 27.6% year-over-year decrease and a 24.4% sequential decline, with an expected gross margin of 33.8%. The company announced a new program to reshape its manufacturing footprint, targeting high triple-digit million-dollar annual cost savings by 2027, including $300-360 million in operating expense reductions.

TotalEnergies (TTE) and STMicroelectronics (STM) have signed a significant 15-year physical Power Purchase Agreement (PPA) starting January 2025. Under this agreement, TotalEnergies will supply 1.5 TWh of renewable electricity to STMicroelectronics' French facilities from two recently operated 75 MW wind and solar farms.

This marks STMicroelectronics' first PPA in France, supporting their goal of achieving 100% renewable energy sourcing by 2027 and becoming carbon neutral in operations. The agreement includes innovative structuration services to convert intermittent production into constant baseload green electricity, representing the first such 15-year contract in France.

This deal joins TotalEnergies' portfolio of similar agreements with major companies like Saint-Gobain, Air Liquide, Amazon, and Microsoft, demonstrating their growing capability in supporting industrial decarbonization efforts.

STMicroelectronics (NYSE:STM) and TotalEnergies have signed a significant 15-year physical Power Purchase Agreement (PPA) to supply renewable electricity to STM's French operations. Starting January 2025, the agreement covers 1.5 TWh of total power supply from two renewable energy facilities operated by TotalEnergies, comprising wind and solar farms with 75 MW capacity.

This marks STM's first PPA in France, representing a important step toward their goal of achieving 100% renewable energy sourcing by 2027. The agreement includes structuration services to convert intermittent renewable production into constant baseload green electricity. STM has previously implemented similar PPAs in Italy and Malaysia, demonstrating their commitment to becoming carbon neutral in operations (Scope 1, 2, and partially 3) by 2027.

STMicroelectronics (STM) has reported the completion of share repurchases between January 20-24, 2025, as part of its buyback program announced on June 21, 2024, and approved by shareholders on May 22, 2024. The company repurchased 354,000 ordinary shares (0.04% of issued share capital) at a weighted average price of EUR 24.6045 per share, totaling EUR 8,710,008.40.

The buyback aims to fulfill obligations from share option programs and allocations to employees and management. Following these transactions, STM holds 14,415,412 treasury shares, representing approximately 1.6% of its issued share capital. The shares were purchased on the Euronext Paris regulated market.

STMicroelectronics (STM) has reported the completion of share repurchases from January 13-17, 2025, as part of its buyback program announced on June 21, 2024, and approved by shareholders on May 22, 2024. The company repurchased 385,400 ordinary shares (0.04% of issued share capital) at a weighted average price of EUR 23.8548 per share, totaling EUR 9,193,646.12.

The buyback aims to fulfill obligations from share option programs and allocations to employees and management. Following these transactions, STM holds 14,061,412 treasury shares, representing approximately 1.5% of its issued share capital. The shares were purchased on the Euronext Paris regulated market, and may be used for other lawful purposes if not needed for the primary objective.

STMicroelectronics has reported the completion of share repurchases from January 6-10, 2025, as part of its common share repurchase program. The company bought back 380,700 ordinary shares (0.04% of issued share capital) at a weighted average price of EUR 24.8158 per share, totaling EUR 9,447,378.35.

The buyback program, approved by shareholders on May 22, 2024, and the supervisory board, aims to meet obligations from share option programs and allocations to employees or management. The shares may be held in treasury before being used for these purposes or other lawful purposes under Market Abuse Regulation article 5(2).

Following these transactions, STMicroelectronics now holds 13,676,012 treasury shares, representing approximately 1.5% of its issued share capital.

STMicroelectronics (NYSE: STM) has announced it will release its fourth quarter and full year 2024 earnings before European stock markets open on Thursday, January 30, 2025. The earnings press release will be immediately available on the company's website.

The company will host a conference call with analysts, investors, and reporters to discuss the financial results and current business outlook on January 30, 2025, at 9:30 a.m. CET / 3:30 a.m. ET. A live webcast in listen-only mode will be available on ST's investor relations website and accessible for replay until February 14, 2025.

STMicroelectronics (STM) has reported the execution of share repurchases under its common share repurchase program between January 2-3, 2025. The company bought back 188,800 ordinary shares (0.02% of issued share capital) at a weighted average price of EUR 23.7712 per share, totaling EUR 4,487,995.94.

The buyback program, approved by shareholders on May 22, 2024, and the supervisory board, aims to meet obligations from share option programs and allocations to employees or management. The shares may be held in treasury before being used for these purposes or other lawful purposes under Market Abuse Regulation article 5(2).

Following these transactions, STMicroelectronics holds 13,295,312 treasury shares, representing approximately 1.5% of its issued share capital.