STMicroelectronics Announces Status of Common Share Repurchase Program | Electronics Maker

January  25, 2021: 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 November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company)on the regulated market of Euronext Paris, in the period between January 18, 2021 to January 22, 2021 (the “Period”), of 357,723 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 33.1553 and for an overall price of EUR 11,860,426.59.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.

Transactions in Period

Dates of transaction	Number of share purchased	Weighted average purchase price per share (EUR)	Total amount paid (EUR)	Market on which the shares were bought (MIC code)
Jan 18, 2021	73,869	33.0994	2,445,019.58	XPAR
Jan 19, 2021	79,307	32.9757	2,615,203.84	XPAR
Jan 20, 2021	82,241	33.5440	2,758,692.10	XPAR
Jan 21, 2021	60,340	33.5238	2,022,826.09	XPAR
Jan 22, 2021	61,966	32.5773	2,018,684.97	XPAR
Total for Period	357,723	33.1553	11,860,426.59

Following the share buybacks detailed above, the Company holds in total 6,855,864 treasury shares, which represents approximately 0.8% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (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://ift.tt/2Fc5FyH).