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 May 19-23, 2025. The company repurchased 321,000 ordinary shares (0.04% of issued share capital) at a weighted average price of €22.62 per share, totaling €7.26 million.

The buyback aims to meet obligations from share option programs and allocations to employees and management. Following these transactions, STMicroelectronics now holds 19,669,813 treasury shares, representing approximately 2.2% of its issued share capital. The purchases were executed on the Euronext Paris regulated market.

Positive

• Share buyback program demonstrates company's commitment to return value to shareholders
• Repurchased shares will support employee and management incentive programs, helping retain talent
• Company maintains strong cash position to execute buybacks

Negative

• Relatively small buyback size (0.04% of issued share capital) may have limited impact on share price
• Average purchase price of €22.62 shows declining trend over the week (from €22.74 to €22.03)

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from May 19, 2025 to May 23, 2025

AMSTERDAM – May 26, 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 May 19, 2025 to May 23, 2025 (the “Period”), of 321,000 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 22.6237 and for an overall price of EUR    7,262,215.00.

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)
19-May-25	63,000	22.7427	1,432,790.10	XPAR
20-May-25	64,000	22.9576	1,469,286.40	XPAR
21-May-25	63,000	22.7868	1,435,568.40	XPAR
22-May-25	63,000	22.6483	1,426,842.90	XPAR
23-May-25	68,000	22.0254	1,497,727.20	XPAR
Total for Period	321,000	22.6237	7,262,215.00

Following the share buybacks detailed above, the Company holds in total 19,669,813 treasury shares, which represents approximately 2.2% 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

• C3339C -- May 26 2025 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION

FAQ

How many shares did STMicroelectronics (STM) repurchase between May 19-23, 2025?

STMicroelectronics repurchased 321,000 ordinary shares, representing 0.04% of its issued share capital, during this period.

What is the purpose of STM's share buyback program?

The buyback program aims to meet obligations arising from share option programmes and allocations to employees or management bodies of the company.

What was the average price paid per share in STM's May 2025 buyback?

The weighted average purchase price was €22.6237 per share, with a total expenditure of €7,262,215.00.

How many treasury shares does STMicroelectronics hold after this buyback?

Following these share buybacks, STMicroelectronics holds 19,669,813 treasury shares, approximately 2.2% of its issued share capital.