STMicroelectronics repurchases 292,850 shares for EUR 7.2 million
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STMicroelectronics N.V. (NYSE: STM) repurchased 292,850 ordinary shares between October 13 and October 17, 2025, for a total cost of EUR 7,188,651.84, according to a company statement.
The semiconductor company bought the shares on Euronext Paris at a weighted average price of EUR 24.5472 per share. The repurchased shares represent 0.03% of the company's issued share capital.
STMicroelectronics stated the purpose of the transactions was to meet obligations arising from share option programs or other share allocations to employees or members of administrative, management or supervisory bodies.
The share repurchase program was approved by shareholders on May 22, 2024, and by the supervisory board, with full details disclosed in a June 21, 2024 press release.
Following these transactions, STMicroelectronics holds 19,940,503 treasury shares, representing approximately 2.2% of the company's issued share capital. The shares may be held in treasury before being used for employee programs or for other lawful purposes under Market Abuse Regulation guidelines.
The transactions occurred across five trading days, with the largest single-day purchase of 80,242 shares on October 14 at EUR 24.2808 per share. All purchases were executed through a broker acting for the company on the regulated market of Euronext Paris.
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