STMicroelectronics Announces Status of Common Share Repurchase Program
Rhea-AI Summary
STMicroelectronics (STM) has reported the latest status of its common share repurchase program for the period from April 28 to May 2, 2025. The company repurchased 285,500 ordinary shares (0.03% of issued share capital) at a weighted average price of €20.1935 per share, totaling €5,765,240.90.
The buyback program, approved by shareholders on May 22, 2024, aims to meet obligations from share option programs and allocations to employees or management. Following these transactions, STMicroelectronics now holds 18,685,709 treasury shares, representing approximately 2.1% of its issued share capital.
The shares were purchased on the Euronext Paris regulated market and may be used for employee stock programs or other lawful purposes under Market Abuse Regulation article 5(2).Positive
- Share buyback program demonstrates company's commitment to returning value to shareholders
- Treasury shares can be used for employee stock programs, helping with talent retention
- Buyback represents a relatively small portion (0.03%) of shares, maintaining market stability
Negative
- Cash outflow of €5.77 million for share repurchases reduces available capital for operations or investments
- 2.1% of shares held in treasury could be seen as inefficient use of capital if not utilized soon
News Market Reaction 1 Alert
On the day this news was published, STM declined 2.05%, reflecting a moderate negative 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 Apr 28, 2025 to May 2, 2025
AMSTERDAM – May 5, 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 Apr 28, 2025 to May 2, 2025 (the “Period”), of 285,500 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) |
| 28-Apr-25 | 70,000 | 20.4859 | 1,434,013.00 | XPAR |
| 29-Apr-25 | 70,000 | 20.1148 | 1,408,036.00 | XPAR |
| 30-Apr-25 | 82,500 | 19.8504 | 1,637,658.00 | XPAR |
| 2-May-25 | 63,000 | 20.4053 | 1,285,533.90 | XPAR |
| Total for Period | 285,500 | 20.1935 | 5,765,240.90 |
Following the share buybacks detailed above, the Company holds in total 18,685,709 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
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What is the purpose of STMicroelectronics' share buyback program?
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When was STM's share buyback program approved?
