STMicroelectronics Announces Status of Common Share Repurchase Program
AMSTERDAM – March 10, 2025 — STMicroelectronics N.V., a global semiconductor leader serving a wide range of electronics applications, has provided full details of its ongoing common share repurchase program. This program was initially announced on June 21, 2024, following its approval by a shareholder resolution on May 22, 2024, along with the supervisory board’s endorsement.
From March 3, 2025, to March 7, 2025, STMicroelectronics executed the repurchase of 427,820 ordinary shares. This figure equates to 0.05% of its issued share capital. The shares were bought on the regulated market of Euronext Paris at a weighted average price of EUR 22.9028 per share, amounting to a total expenditure of EUR 9,798,288.62.
The objective of such transactions falls under article 5(2) of the Market Abuse Regulation (EU) 596/2014. This is geared towards fulfilling commitments derived from share option programs or other employee or management share allocations. Should any shares remain unused for this specified purpose, they may be redirected for other legitimate intents as per the regulations.
Below is a summary of the repurchase transactions conducted during this period under the ordinary shares listing of STMicroelectronics (ISIN: NL0000226223):
| 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) |
|---|---|---|---|---|
| 3-Mar-25 | 99,820 | 23.5799 | 2,353,745.62 | XPAR |
| 4-Mar-25 | 169,000 | 22.4299 | 3,790,653.10 | XPAR |
| 5-Mar-25 | 158,000 | 22.9760 | 3,630,208.00 | XPAR |
| 6-Mar-25 | 500 | 23.5363 | 11,768.15 | XPAR |
| 7-Mar-25 | 500 | 23.8275 | 11,913.75 | XPAR |
| Total for Period | 427,820 | 22.9028 | 9,798,288.62 |
With these buybacks accounted for, STMicroelectronics now holds a total of 16,454,331 treasury shares. This holding represents approximately 1.8% of the company’s issued share capital.
STMicroelectronics operates as an integrated device manufacturer with an extensive workforce of 50,000 semiconductor technology creators. With state-of-the-art manufacturing facilities, the company collaborates with over 200,000 customers and numerous partners to create products, solutions, and ecosystems needed for modern challenges and a sustainable future. The technologies developed by ST support advanced mobility, efficient energy management, and comprehensive deployment of cloud-connected autonomous systems.
The company is steering towards carbon neutrality concerning direct and indirect emissions, including product transportation, business travel, and employee commuting emissions. Their goal is to achieve 100% renewable electricity sourcing by the end of 2027.
