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STMicroelectronics Announces Status of Its Common Shares

STMicroelectronics Announces Status of Its Common Shares

Declaration of transactions in own shares – Period from 08/07/2024 to 12/07/2024

AMSTERDAM – July 15, 2024 — STMicroelectronics NV (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 June 21, 2024. The Program has been approved by a shareholder resolution dated May 22, 2024 and by the Supervisory Board.

STMicroelectronics NV (registered in the commercial register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announces the repurchase (by a broker acting on behalf of the Company) on the regulated market of Euronext Paris, during the period from July 8, 2024 to July 12, 2024 (the “Period”), of 238,000 ordinary shares (i.e. 0.03% of its issued share capital) at a weighted average purchase price per share of EUR 38.9268 and for an aggregate price of EUR 9,264,576.38.

The purpose of these transactions, within the meaning of Article 5(2) of Regulation (EU) 596/2014 (Market Abuse Regulation), was to meet obligations arising from financial debt instruments exchangeable for equity instruments.

The shares may be held in treasury before being used for this purpose and, to the extent that they are not ultimately required for this purpose, they may be used for any other lawful purpose under Article 5(2) of the Market Abuse Regulation.

Below is a summary of the repurchase transactions carried out during the Period relating to the ordinary shares of STMicroelectronics (ISIN: NL0000226223), in detailed form.

Transactions during the period

Transaction Dates Number of shares purchased Weighted average purchase price per share (EUR) Total amount paid (EUR) Market where the shares were purchased (MIC code)
08/07/2024 62,000 39.0375 $2,420,325.00 XPAR
09/07/2024 45 230 38.7807 1,754,051.06 XPAR
10/07/2024 47,870 38.6711 1,851,185.56 XPAR
11/07/2024 40,000 39.2504 $1,570,016.00 XPAR
12/07/2024 42,900 38.9044 1,668,998.76 XPAR
Total for the period 238,000 38.9268 9,264,576.38

Following the share repurchases detailed above, the Company holds a total of 8,512,817 treasury shares, representing approximately 0.9% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of the Market Abuse Regulation and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of individual transactions in the programme is disclosed on ST’s website (https://investors.st.com/stock-and-bond-information/rachat-d-actions).

About STMicroelectronics

ST brings together more than 50,000 semiconductor technology creators and makers, mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. As a manufacturer of embedded components, we work with more than 200,000 customers and thousands of partners to design and manufacture products, solutions and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient energy and power management, and the large-scale deployment of autonomous things connected to the cloud. We are committed to achieving our goal of becoming carbon neutral in Scopes 1 and 2 and partially in Scope 3 by 2027. For more information, visit www.st.com.

For further information please contact:
INVESTOR RELATIONS:
Celine Berthier
Group Vice President, Investor Relations
Tel: +41.22.929.58.12
[email protected]

MEDIA RELATIONS:
Alexis Breton
External company communications
Tel.: + 33.6.59.16.79.08
[email protected]

  • C3271C Jul 15, 2024 — Disclosure of Treasury Share Transactions PR — FINAL FOR PUBLICATION