STMicroelectronics Announces Status of Common Share Repurchase Program

 PR N°C2920C

STMicroelectronics Announces Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Sep 30, 2019 to Oct 04, 2019

AMSTERDAM – October 07, 2019 -- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between September 30, 2019 to October 04, 2019 (the “Period”), of 390,945 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 17.6149 and for an overall price of EUR  6,886,463.91.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.

Transactions in Period

Dates of transaction Number of share purchased Weighted average purchase price per share (EUR) Total amount paid (EUR) Market on which the shares were bought (MIC code)
Sep 30, 2019  77,107  17.6129  1,358,077.88 XPAR
Oct 01, 2019  79,080  17.8905  1,414,780.74 XPAR
Oct 02, 2019  78,950  17.4427  1,377,101.17 XPAR
Oct 03, 2019  79,272  17.3904  1,378,571.79 XPAR
Oct 04, 2019  76,536  17.7424  1,357,932.33 XPAR
Total for Period  390,945  17.6149  6,886,463.91  

Following the share buybacks detailed above, the Company holds in total 18,975,347 treasury shares, which represents approximately 2.1% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website  (https://investors.st.com/buyback-program).

About STMicroelectronics

ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST’s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices. By getting more from technology to get more from life, ST stands for life.augmented.

In 2018, the Company’s net revenues were $9.66 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

For further information, please contact:INVESTOR RELATIONS:Céline BerthierGroup VP, Investor RelationsTel : +41.22.929.58.12celine.berthier@st.com

MEDIA RELATIONS:Alexis Breton           Corporate External CommunicationsTel: + 33 6 59 16 79 08alexis.breton@st.com

Attachment

  • C2920C - ST - Disclosure of transactions in Own shares-07oct19 FINAL FOR PUBLICATION
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