Friday 20 May 2022

STMicroelectronics Announces Status of Common Share Repurchase Program | Electronics Maker

Disclosure of Transactions in Own Shares – Period from May 09, 2022 to May 13, 2022

May 20, 2022 – 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 program (the “Program”) disclosed via a press release dated July 1, 2021. The Program was approved by a shareholder resolution dated May27, 2021 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 May 09, 2022 to May 13, 2022 (the “Period”), of 251,603 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 34.9327 and for an overall price of EUR 8,789,166.36.
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)
09-May-22  48,713  34.0917  1,660,708.98 XPAR
10-May-22  49,570  33.6421  1,667,638.90 XPAR
11-May-22  50,132  34.1465  1,711,832.34 XPAR
12-May-22  50,495  35.3003  1,782,488.65 XPAR
13-May-22  52,693  37.3199  1,966,497.49 XPAR
Total for Period  251,603  34.9327  8,789,166.36

Following the share buybacks detailed above, the Company holds in total 8,043,936 treasury shares, which represents approximately 0.9% 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/72Nl8KJ).

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