STMicroelectronics (NYSE: STM) details €11.4M share buybacks in mid-July 2026
Rhea-AI Filing Summary
STMicroelectronics N.V. reports activity under its previously announced common share repurchase program approved on May 22, 2024. Between July 13 and July 17, 2026, a broker acting for the company bought 199,413 ordinary shares, equal to 0.02% of issued share capital, on Euronext Paris.
The purchases were executed at a weighted average price of EUR 57.2549 per share, for a total consideration of EUR 11,417,364.55. The purpose is to meet obligations from share option and share allocation programs for employees and company officers. After these transactions, STMicroelectronics holds 19,177,711 treasury shares, representing about 2.1% of its issued share capital.
Positive
- None.
Negative
- None.
Filing Explained
STMicroelectronics says the repurchased shares may remain in treasury before employee or officer allocations; if they are not ultimately needed for that purpose, they may be used for another lawful purpose.
Key Figures
Key Terms
Market Abuse Regulation regulatory
regulated market of Euronext Paris market
Commission Delegated Regulation (EU) 2016/1052 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
