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Form 6-K STMICROELECTRONICS NV For: Aug 05

August 5, 2019 11:27 AM


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6‑K
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a‑16 OR 15d‑16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

Report on Form 6‑K dated August 5, 2019
 
Commission File Number:  1‑13546
 

STMicroelectronics N.V.
(Name of Registrant)
 
WTC Schiphol Airport
Schiphol Boulevard 265
1118 BH Schiphol Airport
The Netherlands
 
(Address of Principal Executive Offices)
 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20‑F or Form 40‑F:
 
Form 20‑F ☒          Form 40‑F ☐
 
Indicate by check mark if the registrant is submitting the Form 6‑K in paper as permitted by Regulation S‑T Rule 101(b)(1):
 
Yes ☐          No ☒
 
Indicate by check mark if the registrant is submitting the Form 6‑K in paper as permitted by Regulation S‑T Rule 101(b)(7):
 
Yes ☐          No ☒
 
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3‑2(b) under the Securities Exchange Act of 1934:
 
Yes ☐          No
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3‑2(b):  82‑ __________
 
Enclosure:  A press release dated August 5, 2019, announcing the results of trading in STMicroelectronics’ own shares as part of the previously announced share buy-back program for the period from July 29, 2019 to August 2, 2019.
 







PR N°C2908C


STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Jul 29, 2019 to Aug 02, 2019


AMSTERDAM – August 5, 2019 -- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between July 29, 2019 to August 02, 2019 (the “Period”), of 273,006 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 16.5286 and for an overall price of EUR 4,512,411.72.
 
Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.
 
Transactions in Period
 
Dates of transaction
Number of share purchased
Weighted average purchase price per share (EUR)
Total amount paid (EUR)
Market on which the shares were bought (MIC code)
Jul 30, 2019
 84,335
 16.7576
 1,413,253.04
XPAR
Jul 31, 2019
 83,776
 16.8922
 1,415,164.05
XPAR
Aug 01, 2019
 18,514
 16.4917
 305,327.96
XPAR
Aug 02, 2019
 86,381
 15.9603
 1,378,666.67
XPAR
Total for Period
 273,006
 16.5286
 4,512,411.72
 

Following the share buybacks detailed above, the Company holds in total 16,683,316 treasury shares, which represents approximately 1.8% of the Company’s issued share capital.
 
In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website  (https://investors.st.com/buyback-program).
 



About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST’s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.
By getting more from technology to get more from life, ST stands for life.augmented.

In 2018, the Company’s net revenues were $9.66 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel : +41.22.929.58.12
celine.berthie[email protected]

MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08


 







SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
STMicroelectronics N.V.
 
 
 
 
Date:
August 5, 2019
By:
          /s/ Lorenzo Grandi
 
 
Name:
Lorenzo Grandi
 
 
Title:
Chief Financial Officer
President, Finance, Infrastructure and Services








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