on STMICROELECTRONICS (EPA:STM)
STMicroelectronics Completes Share Repurchase
STMicroelectronics, a leading global semiconductor company, has announced the completion of a share repurchase program. The program, detailed in a press release dated June 21, 2024, involved repurchasing 733,818 ordinary shares on the Euronext Paris market from July 28 to August 1, 2025. This represents 0.08% of the company’s issued share capital.
The total transaction amounted to EUR 16,680,419.09 at an average price of EUR 22.7310 per share. The initiative, aligned with the Market Abuse Regulation, aims to fulfill obligations related to share option programs and may also support other lawful purposes.
Following these buybacks, STMicroelectronics holds 17,750,517 treasury shares, or roughly 1.9% of its issued share capital. Detailed transaction data is available on the STMicroelectronics website.
R. E.
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