on STMICROELECTRONICS (EPA:STM)
STMicroelectronics Reports on Share Repurchase Program
STMicroelectronics N.V., a leader in the semiconductor industry, has released updates on its share repurchase program. The program, initially disclosed on June 21, 2024, was approved by both shareholders and the supervisory board in May 2024. Through this initiative, from May 12 to May 16, 2025, the company repurchased 319,000 shares, which corresponds to 0.04% of its issued share capital. The transactions were executed on Euronext Paris at an average price of EUR 22.9890 per share, totaling EUR 7,333,503.40.
The primary objective of these buybacks is to fulfill obligations related to employee share option programs or allocations to administrative personnel. As of the current update, STMicroelectronics holds 19,348,813 treasury shares, about 2.1% of the total issued share capital. Detailed information about the transactions is available on ST's investor website.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all STMICROELECTRONICS news