STMicroelectronics Announces Status of Common Share Repurchase Program
August 6, 2024 | GlobeNewswireEstimated reading time: 1 minute
STMicroelectronics N.V., a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board.
STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Jul 29, 2024 to Aug 02, 2024 (the “Period”), of 428,000 ordinary shares (equal to 0.05% of its issued share capital) at the weighted average purchase price per share of EUR 30.4100 and for an overall price of EUR 13,015,490.70.
The purpose of these transactions under article 5(2) of Regulation (EU) 596/2014 (the Market Abuse Regulation) was to meet obligations arising from share option programmes, or other allocations of shares, to employees or to members of the administrative, management or supervisory bodies of the issuer or of an associate company.
The shares may be held in treasury prior to being used for such purpose and, to the extent that they are not ultimately needed for such purpose, they may be used for any other lawful purpose under article 5(2) of the Market Abuse Regulation.
Suggested Items
Elma Electronic Bolsters Quality Management Company-wide with Added AS9100:D and ISO9001:2015 Certifications
06/02/2025 | Elma ElectronicElma Electronic now includes AS9100:D and ISO 9001:2015 certifications at its Horsham, Pa. manufacturing facility, earning the company a multiple site accreditation designation.
Maxar Space Systems Selected to Build High-Power EchoStar XXVI Satellite Share
06/02/2025 | BUSINESS WIREMaxar Space Systems, a trusted partner in satellite design and manufacturing, today announced it has been awarded a contract by EchoStar Corporation to manufacture EchoStar XXVI, a high-power geostationary communications satellite based on the Maxar 1300™ platform.
ispace Completes Success 8 of Mission 2 Milestones
06/02/2025 | ispaceispace, inc. (ispace) (TOKYO: 9348), a global lunar exploration company, announced that the RESILIENCE lunar lander has successfully completed all orbital maneuvers while in lunar orbit and is now being prepared for its landing attempt on June 6, 2025.
Strategic Materials Conference 2025 Spotlights Materials Innovation to Advance Semiconductor Manufacturing
06/02/2025 | SEMIWith materials innovation at the core of next-generation semiconductor technologies, the Strategic Materials Conference (SMC) 2025 brings together top executives and technology leaders from the semiconductor manufacturing industry for exclusive insights into the latest trends and advancements.
IDC Increases its PC and Tablet Forecasts Despite Tariff Uncertainty
06/02/2025 | IDCAfter recording strong results in the first quarter of 2025, IDC is increasing its traditional PC forecast for 2025 — this comes despite the significant impact that US tariffs have had on its trading partners’ market sentiment.