- STMicroelectronics (STM, Financial) repurchased 321,000 shares from May 19-23, 2025.
- The buyback program cost approximately €7.26 million at an average price of €22.62 per share.
- Post-buyback, STMicroelectronics holds 2.2% of its issued share capital as treasury shares.
STMicroelectronics (STM), a global leader in semiconductor manufacturing, disclosed recent activities under its common share repurchase program. During the period from May 19 to May 23, 2025, the company purchased 321,000 ordinary shares, equating to 0.04% of its issued share capital. The shares were acquired at a weighted average price of €22.6237 per share, resulting in a total expenditure of €7,262,215.00.
The buyback initiative aims to satisfy commitments related to its share option programs and allocations for employees and management. Following these transactions, STM now holds 19,669,813 treasury shares, which is approximately 2.2% of the company's issued share capital. All purchases were conducted on the regulated market of Euronext Paris.
This program reflects STMicroelectronics' strategic focus on fulfilling internal obligations while potentially offering value to its shareholders. Despite the relatively small percentage of shares repurchased, the initiative underscores the company's dedication to efficient capital management.
