STMicroelectronics Announces Status of Common Share Repurchase Program

AMSTERDAM – September 2, 2024 – STMicroelectronics N.V. ("STMicroelectronics"), a global semiconductor leader, disclosed details of its common share repurchase program. The program, initially announced on June 21, 2024, was sanctioned by shareholders on May 22, 2024, and approved by the supervisory board.

During the period from August 26, 2024, to August 30, 2024, the company repurchased 69,670 ordinary shares, equivalent to 0.01% of its issued share capital. The weighted average purchase price per share was EUR 28.0277, totaling EUR 1,952,689.86.

The transactions aim to meet obligations from share option programs or allocations to employees or administrative bodies. Any surplus shares may be used for other lawful purposes under the EU Market Abuse Regulation (596/2014).

Following these activities, STMicroelectronics holds 9,735,586 treasury shares, representing approximately 1.1% of its issued share capital. Detailed information about these trades is available on the ST website.