STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary

STMicroelectronics has reported the latest status of its common share repurchase program from May 26-30, 2025. The company repurchased 324,000 ordinary shares (0.04% of issued share capital) at a weighted average price of EUR 22.4337 per share, totaling EUR 7,268,511.30. The buyback was executed on Euronext Paris to fulfill obligations related to employee share programs and management compensation. Following these transactions, STMicroelectronics now holds 19,993,813 treasury shares, representing approximately 2.2% of its issued share capital. The program was previously approved by shareholders on May 22, 2024, and is being conducted under Market Abuse Regulation guidelines.

Positive

• Share buyback demonstrates company's commitment to returning value to shareholders
• Program supports employee and management stock incentive plans, helping retain talent
• Company maintains strong cash position to execute buyback program
• Relatively small buyback (0.04% of shares) minimizes impact on float and liquidity

Negative

• Total treasury shares reaching 2.2% of issued share capital could reduce stock liquidity
• EUR 7.27 million cash spend reduces available capital for other investments
• Average purchase price of EUR 22.43 may be considered high depending on market conditions

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from May 26, 2025 to May 30, 2025

AMSTERDAM – June 2, 2025 -- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between May 26, 2025 to May 30, 2025 (the “Period”), of 324,000 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 22.4337 and for an overall price of EUR    7,268,511.30.

The purpose of these transactions under article 5(2) of Regulation (EU) 596/2014 (the Market Abuse Regulation) was to meet obligations arising from share option programmes, or other allocations of shares, to employees or to members of the administrative, management or supervisory bodies of the issuer or of an associate company.

The shares may be held in treasury prior to being used for such purpose and, to the extent that they are not ultimately needed for such purpose, they may be used for any other lawful purpose under article 5(2) of the Market Abuse Regulation.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STMicroelectronics (ISIN: NL0000226223), in detailed form.

Transactions in Period

Dates of transaction	Number of shares purchased	Weighted average purchase price per share (EUR)	Total amount paid (EUR)	Market on which the shares were bought (MIC code)
26-May-25	65,000	22.0502	1,433,263.00	XPAR
27-May-25	65,000	22.4587	1,459,815.50	XPAR
28-May-25	65,000	22.3589	1,453,328.50	XPAR
29-May-25	65,000	22.8851	1,487,531.50	XPAR
30-May-25	64,000	22.4152	1,434,572.80	XPAR
Total for Period	324,000	22.4337	7,268,511.30

Following the share buybacks detailed above, the Company holds in total 19,993,813 treasury shares, which represents approximately 2.2% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of the Market Abuse Regulation and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website (https://investors.st.com/stock-and-bond-information/share-buyback).

About STMicroelectronics
At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:
Jérôme Ramel
EVP Corporate Development & Integrated External Communication
Tel: +41.22.929.59.20
jerome.ramel@st.com

MEDIA RELATIONS:
Alexis Breton        
Corporate External Communications
Tel: +33.6.59.16.79.08

alexis.breton@st.com

Attachment

• C3341C -- Jun 2 2025 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION

FAQ

How many shares did STMicroelectronics (STM) repurchase between May 26-30, 2025?

STMicroelectronics repurchased 324,000 ordinary shares during this period, representing 0.04% of its issued share capital.

What was the average price paid per share in STM's latest buyback?

The weighted average purchase price was EUR 22.4337 per share, with a total expenditure of EUR 7,268,511.30.

What is the purpose of STMicroelectronics' share repurchase program?

The program aims to meet obligations from share option programs and allocations to employees or management, with shares held in treasury until needed.

How many treasury shares does STM hold after this buyback?

Following these buybacks, STMicroelectronics holds 19,993,813 treasury shares, approximately 2.2% of its issued share capital.

Where were the STM shares purchased during this buyback program?

The shares were purchased on the regulated market of Euronext Paris (XPAR).