STMicroelectronics Announces Status of Common Share Repurchase Program | Electronics Maker

Disclosure of Transactions in Own Shares – Period from Mar 01, 2021 to Mar 05, 2021

Mar 9, 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 March 01, 2021 to March 05, 2021 (the “Period”), of 492,595 ordinary shares (equal to 0.05% of its issued share capital) at the weighted average purchase price per share of EUR 30.3456 and for an overall price of EUR 14,948,086.39.

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)
Mar 01, 2021	93,906	31.7089	2,977,655.96	XPAR
Mar 02, 2021	95,868	31.2514	2,996,009.22	XPAR
Mar 03, 2021	97,427	30.5518	2,976,570.22	XPAR
Mar 04, 2021	101,423	29.4477	2,986,674.08	XPAR
Mar 05, 2021	103,971	28.9617	3,011,176.91	XPAR
Total for Period	492,595	30.3456	14,948,086.39

Following the share buybacks detailed above, the Company holds in total 9,008,745 treasury shares, which represents approximately 1.0% 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).