STMicroelectronics Reports on Share Repurchase Activity

STMicroelectronics N.V., a global leader in semiconductor solutions, provided an update on its common share repurchase program for the period from November 4 to November 8, 2024. The program, initially announced in June 2024, allows the company to repurchase shares to fulfill obligations related to employee compensation schemes and other lawful purposes.

During the specified period, STMicroelectronics repurchased 547,000 shares, representing 0.06% of its issued share capital, at an average price of EUR 24.6638 per share. This transaction totaled EUR 13,491,072.70. The repurchases took place on the Euronext Paris market. As a result, the company holds a total of 12,101,356 treasury shares, equating to approximately 1.3% of its issued share capital.

Details of each transaction, including dates, quantities, and prices, are publicly available on STMicroelectronics' investor relations website.