STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary

STMicroelectronics has reported the latest status of its common share repurchase program, conducting buybacks between June 16-18, 2025. The company repurchased 164,322 ordinary shares (0.02% of issued share capital) at a weighted average price of EUR 25.3783 per share, totaling EUR 4,170,210.11. The transactions were executed on Euronext Paris to fulfill obligations related to employee share programs and management compensation. After these transactions, STMicroelectronics holds 16,522,062 treasury shares, representing approximately 1.8% of its issued share capital. The buyback program was authorized by shareholders on May 22, 2024, and approved by the supervisory board.

Positive

• Share buyback program demonstrates company's commitment to returning value to shareholders
• Company maintains strong cash position to execute buybacks
• Buyback supports employee and management stock compensation programs, helping retain talent

Negative

• Small buyback size of only 0.02% of issued share capital indicates limited immediate impact on share price
• Average purchase price of EUR 25.3783 may be higher than future market prices

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from June 16, 2025 to June 18, 2025

AMSTERDAM – June 23, 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 June 16, 2025 to June 18, 2025 (the “Period”), of 164,322 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 25.3783 and for an overall price of EUR    4,170,210.11.

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)
16-Jun-25	53,000	25.5887	1,356,201.10	XPAR
17-Jun-25	57,000	25.3898	1,447,218.60	XPAR
18-Jun-25	54,322	25.1609	1,366,790.41	XPAR
Total for Period	164,322	25.3783	4,170,210.11

Following the share buybacks detailed above, the Company holds in total 16,522,062 treasury shares, which represents approximately 1.8% 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

• C3344C -- Jun 23 2025 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION

FAQ

How many shares did STMicroelectronics (STM) repurchase between June 16-18, 2025?

STMicroelectronics repurchased 164,322 ordinary shares, representing 0.02% of its issued share capital, during this period.

What was the total cost of STM's share repurchase program in June 2025?

The total cost of the share repurchases was EUR 4,170,210.11, at a weighted average purchase price of EUR 25.3783 per share.

What is the purpose of STMicroelectronics' share buyback program?

The buyback program is intended to meet obligations arising from share option programs and allocations to employees and management, with shares held in treasury until needed.

How many treasury shares does STM hold after these buybacks?

After these buybacks, STMicroelectronics holds 16,522,062 treasury shares, representing approximately 1.8% of its issued share capital.

When was STM's share buyback program approved?

The share buyback program was approved by shareholders on May 22, 2024, and subsequently approved by the supervisory board.