on STMICROELECTRONICS (EPA:STM)
STMicroelectronics Updates on Share Repurchase Program
STMicroelectronics, a leader in semiconductor solutions, disclosed the completion of a share repurchase as part of its ongoing program. The program, initially detailed on June 21, 2024, and approved by shareholders on May 22, 2024, saw the buyback of 474,844 shares from July 21 to July 25, 2025, at an average price of EUR 24.9079. The total transaction amounted to EUR 11.83 million.
This repurchase aims to fulfill obligations related to employee share plans and other allocations. Shares not allocated for these purposes may be used for lawful purposes under EU regulations. The transactions were executed on Euronext Paris, and the company now holds 2% of its share capital in treasury.
R. E.
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