02/06/2025 14:00 |
STMicroelectronics Announces Status of Common Share Repurchase Program |
INFORMATION REGLEMENTEE
Press release
Communiqué de presse Comunicato stampa 新闻稿 / 新聞稿 プレスリリース 보도자료 PR N°C3341C STMicroelectronics Announces Status of Common Share Repurchase Program Disclosure of Transactions in Own Shares – Period from May 26, 2025 to May 30, 2025 AMSTERDAM – June 2, 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 26, 2025 to May 30, 2025 (the “Period”), of 324,000 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 22.4337 and for an overall price of EUR 7,268,511.30. 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 Number of Weighted Total amount Market on which transaction shares average paid (EUR) the shares were purchased purchase price bought (MIC per share (EUR) code) 26-May-25 65,000 22.0502 1,433,263.00 XPAR 27-May-25 65,000 22.4587 1,459,815.50 XPAR 28-May-25 65,000 22.3589 1,453,328.50 XPAR 29-May-25 65,000 22.8851 1,487,531.50 XPAR 30-May-25 64,000 22.4152 1,434,572.80 XPAR Total for Period 324,000 22.4337 7,268,511.30 Following the share buybacks detailed above, the Company holds in total 19,993,813 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 |