STMicroelectronics repurchases 399,335 shares for EUR 9.8 million
Get Alerts STM Hot Sheet
Join SI Premium – FREE
STMicroelectronics N.V. (NYSE: STM) repurchased 399,335 ordinary shares between October 6 and October 10, 2025, for a total cost of EUR 9,822,245.18, according to a company statement. The shares were purchased at a weighted average price of EUR 24.5965 per share on Euronext Paris.
The repurchased shares represent 0.04% of the company's issued share capital. The transactions were conducted through a broker acting for the semiconductor company as part of its ongoing share repurchase program approved by shareholders on May 22, 2024.
The company stated the purpose of the repurchases was to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative, management, or supervisory bodies. The shares may be held in treasury before being used for such purposes.
Daily purchase volumes ranged from 67,088 shares on October 8 to 100,000 shares on October 7. The highest average daily price was EUR 24.7366 on October 10, while the lowest was EUR 24.2897 on October 8.
Following these repurchases, STMicroelectronics holds 19,647,653 treasury shares, representing approximately 2.2% of the company's issued share capital. The Amsterdam-based company operates as a global semiconductor manufacturer serving customers across electronics applications.
You May Also Be Interested In
- STMicroelectronics (STM) PT Raised to $67.50 at Goldman Sachs
- STMicro gains as BofA upgrades stock to Buy with Street-high price target
- AngloGold Ashanti sets July 23 shareholder meeting for $2bn buyback vote
Create E-mail Alert Related Categories
Stock BuybacksRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share