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STMicroelectronics Announces Status of Common Share Repurchase Program

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STMicroelectronics International NV
STMicroelectronics International NV

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 0.06% of its issued share capital) at the weighted average purchase price per share of EUR 19.1716 and for an overall price of EUR    10,218,452.40.

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 1.9% 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).

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