STMicroelectronics (NYSE: STM) repurchases 206,011 shares for €9.28M
Rhea-AI Filing Summary
STMicroelectronics N.V. reports activity under its common share repurchase program for the period from July 27 to July 31, 2026. A broker acting for the company bought 206,011 ordinary shares, equal to 0.02% of issued share capital, on Euronext Paris at a weighted average price of EUR 45.0676, for a total cost of EUR 9,284,422.75.
The program was approved by shareholders on May 22, 2024 and is conducted under Article 5 of the EU Market Abuse Regulation to meet obligations from share option and share allocation programs. After these purchases, STMicroelectronics holds 19,610,605 treasury shares, representing approximately 2.2% of its issued share capital.
Positive
- None.
Negative
- None.
Filing Explained
Shares bought for employee or board-related allocation programs may remain in treasury, and any shares not ultimately needed for those programs may instead be used for another lawful purpose under the cited market-abuse rules.
Key Figures
Key Terms
Market Abuse Regulation regulatory
Commission Delegated Regulation (EU) 2016/1052 regulatory
Legal Entity Identifier (LEI) regulatory
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