STMicroelectronics Details Share Repurchase Activity

STMicroelectronics N.V. has disclosed the latest results of its common share repurchase program, initially announced in June 2024. Between September 30 and October 4, 2024, the company repurchased 368,300 ordinary shares, accounting for 0.04% of its issued share capital. The transactions were conducted on Euronext Paris at a weighted average purchase price of EUR 26.1864 per share, totaling EUR 9,644,462.01.

The repurchase aims to fulfill obligations from share option programs and other allocations to employees, management, or supervisory bodies, as per article 5(2) of the EU Market Abuse Regulation. Post-repurchase, STMicroelectronics holds 10,103,514 treasury shares, roughly 1.1% of its issued share capital. Details of individual trades are available on the company's investor relations website.