STMicroelectronics Updates on Share Repurchase Program

STMicroelectronics N.V., a global leader in semiconductor manufacturing, has announced details regarding its ongoing common share repurchase program. Within the period from February 3 to February 7, 2025, the company repurchased 639,000 ordinary shares. This represents approximately 0.07% of the company's issued share capital, with an average purchase price of EUR 21.3738 per share, totaling EUR 13,657,876.20.

The repurchase initiative, previously approved by shareholders and the supervisory board, aims to fulfill obligations under share option programs and other allocations to employees and administrative staff. The transactions were executed on Euronext Paris and comply with the Market Abuse Regulation. The company now holds 15,610,950 treasury shares, equating to about 1.7% of its total issued share capital.