STMicroelectronics Announces Status of Common Share Repurchase Program
Rhea-AI Summary
STMicroelectronics (STM) has completed a series of share repurchases between March 31, 2025, and April 4, 2025, as part of its buyback program announced on June 21, 2024, and approved by shareholders on May 22, 2024. The company acquired 533,000 ordinary shares (0.06% of issued share capital) at a weighted average price of EUR 19.1716 per share, totaling EUR 10,218,452.40.
The repurchased shares will primarily be used for employee share options and allocations to management bodies. Following these transactions, STM now holds 17,404,448 treasury shares, representing approximately 1.9% of its issued share capital. The purchases were executed on the Euronext Paris regulated market.
Positive
- Strategic share repurchase program demonstrates confidence in company's financial position
- Buyback supports employee retention through share-based compensation programs
- Company maintains strong treasury position with 1.9% of issued share capital
Negative
- Share price declined during buyback period from EUR 19.98 to EUR 17.15
- EUR 10.2 million cash outflow impacts company's liquid assets
News Market Reaction – STM
On the day this news was published, STM gained 2.16%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
STMicroelectronics Announces Status of
Common Share Repurchase Program
Disclosure of Transactions in Own Shares – Period from Mar 31, 2025 to Apr 04, 2025
AMSTERDAM – April 07, 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 Mar 31, 2025 to Apr 04, 2025 (the “Period”), of 533,000 ordinary shares (equal to
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) |
| 31-Mar-25 | 120,000 | 19.9775 | 2,397,300.00 | XPAR |
| 1-Apr-25 | 96,000 | 20.0791 | 1,927,593.60 | XPAR |
| 2-Apr-25 | 88,000 | 19.9210 | 1,753,048.00 | XPAR |
| 3-Apr-25 | 109,000 | 19.1012 | 2,082,030.80 | XPAR |
| 4-Apr-25 | 120,000 | 17.1540 | 2,058,480.00 | XPAR |
| Total for Period | 533,000 | 19.1716 | 10,218,452.40 |
Following the share buybacks detailed above, the Company holds in total 17,404,448 treasury shares, which represents approximately
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
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
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FAQ
How many shares did STM repurchase between March 31-April 4, 2025?
What was the total cost of STM's share buyback in April 2025?
What is the purpose of STM's share repurchase program?
How many treasury shares does STM hold after the April 2025 buyback?
When was STM's current share buyback program approved?
