Tuesday 13 September 2022

STMicroelectronics Announces Status of Common Share Repurchase Program | Electronics Maker

Disclosure of Transactions in Own Shares – Period from July 11, 2022 to July 15, 2022

Sep 13, 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 repurchase program (the “Program”) disclosed via a press release dated July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 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 July 11, 2022 to July 15, 2022 (the “Period”), of 210,462 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 31.2095 and for an overall price of EU 6,568,407.90.

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 shares purchased Weighted average purchase price per share (EUR) Total amount paid (EUR) Market on which the shares were bought (MIC code)
11-Jul-22  42,236  30.8342  1,302,313.27 XPAR
12-Jul-22  42,565  30.9220  1,316,194.93 XPAR
13-Jul-22  42,336  31.0429  1,314,232.21 XPAR
14-Jul-22  42,101  31.3137  1,318,338.08 XPAR
15-Jul-22  41,224  31.9554  1,317,329.41 XPAR
Total for Period  210,462  31.2095  6,568,407.90

Following the share buybacks detailed above, the Company holds in total 4,217,560 treasury shares, which represents approximately 0.5% 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/50JlCzx).

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