on STMICROELECTRONICS (EPA:STM)
STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics N.V. disclosed the details of its common share repurchase program for the period from May 20, 2024, to May 24, 2024. The company repurchased 198,865 ordinary shares at a weighted average purchase price of EUR 38.3025 per share, totaling EUR 7,617,019.94. These shares represent 0.02% of the company’s issued share capital.
The repurchase was conducted on the regulated market of Euronext Paris. The purpose was to meet obligations arising from debt financial instruments exchangeable into equity instruments, as per Regulation (EU) 596/2014.
After these transactions, STMicroelectronics holds 11,842,372 treasury shares, which corresponds to approximately 1.3% of its issued share capital.
R. P.
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