STMicroelectronics N.V., a global leader in semiconductor solutions, has shared the details of its common share repurchase program, as announced in a press release on June 21, 2024. The program, approved by a shareholder resolution on May 22, 2024, and by the supervisory board, aims to repurchase shares to meet obligations related to employee share options and allocations for company management.
Between February 10, 2025, and February 14, 2025, the company repurchased a total of 287,561 ordinary shares, representing 0.03% of its issued share capital. The shares were bought at an average price of EUR 21.9758 per share, amounting to a total expenditure of EUR 6,319,388.73.
The repurchased shares may be held in treasury for future use, particularly for employee share option programs, or may be used for any other lawful purposes as outlined in the Market Abuse Regulation (Article 5(2) of Regulation (EU) 596/2014). With these transactions, STMicroelectronics now holds a total of 15,898,511 treasury shares, which accounts for about 1.7% of the company’s issued share capital. A detailed breakdown of each individual transaction is available on STMicroelectronics’ website, as required by the Market Abuse Regulation.
STMicroelectronics continues to push the boundaries of innovation, with a dedicated workforce of over 50,000 professionals in semiconductor technology. The company is committed to achieving carbon neutrality by 2027, focusing on sustainable manufacturing and technology solutions that address the global demand for smarter mobility, efficient energy management, and cloud-connected autonomous systems.
