STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary

STMicroelectronics has reported the status of its common share repurchase program from June 2-6, 2025. The company repurchased 306,864 ordinary shares (0.03% of issued share capital) at a weighted average price of EUR 23.4410 per share, totaling EUR 7,193,194.23. The buyback was executed on Euronext Paris to fulfill obligations related to employee share programs and management compensation. The daily purchase volume ranged from 54,864 to 67,000 shares, with prices varying between EUR 21.66 and EUR 25.07. Following these transactions, STMicroelectronics holds 16,085,740 treasury shares, representing approximately 1.8% of its issued share capital.

Positive

• Strategic share repurchase program demonstrates company's commitment to employee and management compensation programs
• Company maintains strong cash position enabling share buybacks
• Treasury shares provide flexibility for future employee incentive programs

Negative

• Share buyback reduces company's available cash reserves by over EUR 7.1 million
• Relatively small buyback size (0.03% of issued share capital) may have limited impact on shareholder value

Insights

Financial Analyst

STM's ongoing share repurchase program continues with 306,864 shares bought back, part of their employee compensation strategy.

STMicroelectronics has continued executing its share repurchase program announced last year, buying back 306,864 shares (0.03% of its issued capital) between June 2-6, 2025, at a weighted average price of €23.44 per share for a total of €7.19 million.

The primary purpose of these repurchases is to meet obligations for employee share options and compensation programs, rather than as a value-enhancing mechanism for general shareholders. After these transactions, STM now holds 16,085,740 treasury shares, representing approximately 1.8% of its issued share capital.

The share repurchases occurred at varying daily prices, starting at €21.66 on June 2 and rising to €24.95 by week's end, reflecting some price volatility. This buyback activity is part of a program authorized in May 2024 and falls under standard Market Abuse Regulation provisions, which allow companies to repurchase shares for employee compensation purposes.

While share buybacks can sometimes signal management's confidence in company valuation, in this case, the relatively small volume (0.03% of shares) and the explicit purpose for employee compensation indicates this is more about ordinary course operational management than a strategic capital allocation decision.

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from June 2, 2025 to June 6, 2025

AMSTERDAM – June 9, 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 2, 2025 to June 6, 2025 (the “Period”), of 306,864 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 23.4410 and for an overall price of EUR    7,193,194.23.

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)
2-Jun-25	67,000	21.6600	1,451,220.00	XPAR
3-Jun-25	66,000	21.8841	1,444,350.60	XPAR
4-Jun-25	54,864	24.0873	1,321,525.63	XPAR
5-Jun-25	61,000	25.0702	1,529,282.20	XPAR
6-Jun-25	58,000	24.9451	1,446,815.80	XPAR
Total for Period	306,864	23.4410	7,193,194.23

Following the share buybacks detailed above, the Company holds in total 16,085,740 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

• C3342C -- Jun 9 2025 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION

FAQ

How many shares did STMicroelectronics (STM) repurchase between June 2-6, 2025?

STMicroelectronics repurchased 306,864 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 23.4410 per share, with a total expenditure of EUR 7,193,194.23.

What is the purpose of STMicroelectronics' share repurchase program?

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

How many treasury shares does STM hold after the June 2025 buyback?

Following the buybacks, STMicroelectronics holds 16,085,740 treasury shares, approximately 1.8% of its issued share capital.

What was the price range for STM's share purchases during June 2-6, 2025?

The purchase prices ranged from EUR 21.66 to EUR 25.07 per share over the five-day period.