STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary

STMicroelectronics (STM) has reported the latest status of its common share repurchase program, executing buybacks between June 9-13, 2025. The company repurchased 272,000 ordinary shares (0.03% of issued share capital) at a weighted average price of EUR 25.7675 per share, totaling EUR 7,008,762.80. The buybacks were conducted on Euronext Paris to fulfill obligations related to employee share programs and management compensation. After these transactions, STM holds 16,357,740 treasury shares, representing approximately 1.8% of its issued share capital. The program operates under shareholder approval from May 22, 2024, and complies with Market Abuse Regulation requirements.

Positive

• Share buyback demonstrates company's commitment to returning value to shareholders and confidence in financial position
• Program supports employee and management incentive alignment through share-based compensation
• Relatively small buyback amount (0.03% of shares) minimizes impact on company's cash reserves

Negative

• EUR 7 million cash expenditure reduces available capital for other investments
• Limited scope of buyback (0.03% of shares) may have minimal impact on share price or EPS

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from June 9, 2025 to June 13, 2025

AMSTERDAM – June 16, 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 9, 2025 to June 13, 2025 (the “Period”), of 272,000 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 25.7675 and for an overall price of EUR    7,008,762.80.

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)
9-Jun-25	55,000	25.3729	1,395,509.50	XPAR
10-Jun-25	54,000	25.8121	1,393,853.40	XPAR
11-Jun-25	54,000	26.4375	1,427,625.00	XPAR
12-Jun-25	54,000	25.7871	1,392,503.40	XPAR
13-Jun-25	55,000	25.4413	1,399,271.50	XPAR
Total for Period	272,000	25.7675	7,008,762.80

Following the share buybacks detailed above, the Company holds in total 16,357,740 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

• C3343C -- Jun 16 2025 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION

FAQ

How many shares did STMicroelectronics (STM) repurchase between June 9-13, 2025?

STMicroelectronics repurchased 272,000 ordinary shares, representing 0.03% of its issued share capital, during this period.

What was the average purchase price for STM's share buyback in June 2025?

The weighted average purchase price was EUR 25.7675 per share, with a total expenditure of EUR 7,008,762.80.

What is the purpose of STMicroelectronics' share repurchase program?

The program aims to meet obligations 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 the June 2025 buybacks?

After these buybacks, STMicroelectronics holds 16,357,740 treasury shares, approximately 1.8% of its issued share capital.

Where were STM's share buyback transactions executed?

The share buybacks were executed on the regulated market of Euronext Paris (XPAR).