STMicro's common share repurchase programme
STMicroelectronics has announced full details of its common share repurchase programme disclosed via a press release dated November 5th, 2018. The program was approved by a shareholder resolution dated 31st May, 2018 and by the supervisory board.
STMicroelectronics announced the repurchase (by a broker acting for the company) on the regulated market of Euronext Paris, in the period between January 11th, 2021 to January 15th, 2021, of 305,105 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 33.5146 and for an overall price of EUR 10,225,465.28.
Following the share buybacks, STMicro holds in total 6,498,141 treasury shares, which represents approximately 0.7% of the Company’s issued share capital. Find out more details on the company website.