STMicroelectronics N.V., a global leader in semiconductor solutions, has provided an update on its ongoing common share repurchase program. The program, initially announced on June 21, 2024, and approved by shareholders and the supervisory board in May 2024, is designed to repurchase shares in order to meet obligations related to employee share options and company management allocations.
From February 10, 2025, to February 14, 2025, the company repurchased a total of 287,561 ordinary shares. This represents 0.03% of STMicroelectronics’ issued share capital. The shares were bought at an average price of EUR 21.9758 per share, with a total expenditure of EUR 6,319,388.73.
The repurchased shares may be held in treasury for future use, particularly for employee share option programs, or for any other lawful purposes, as outlined in the Market Abuse Regulation (Article 5(2) of Regulation (EU) 596/2014). As a result of these transactions, STMicroelectronics now holds 15,898,511 treasury shares, which accounts for approximately 1.7% of its issued share capital. A full breakdown of the transactions is available on the company’s website, in compliance with the Market Abuse Regulation.
STMicroelectronics continues to innovate, with a workforce of over 50,000 professionals. The company is also working toward carbon neutrality by 2027, focusing on sustainable manufacturing and technologies to meet global needs in smarter mobility, energy efficiency, and cloud-connected autonomous systems.
