- STMicroelectronics (STM, Financial) repurchased 306,864 shares, totaling EUR 7.19 million, in early June 2025.
- The buyback was part of fulfilling obligations related to employee share programs.
- Post-repurchase, STM holds approximately 1.8% of its issued capital as treasury shares.
STMicroelectronics (STM), a global leader in semiconductor manufacturing, executed a series of share repurchases from June 2-6, 2025, buying back 306,864 ordinary shares. This corresponds to 0.03% of its issued share capital, at an average price of EUR 23.4410 per share, for a total expenditure of EUR 7,193,194.23.
The repurchases were carried out on Euronext Paris and were primarily aimed at fulfilling obligations related to employee and management share programs. The daily buying volume ranged between 54,864 to 67,000 shares, with transaction prices fluctuating between EUR 21.66 and EUR 25.07, indicating some volatility during the period.
Following this buyback, STMicroelectronics now holds 16,085,740 treasury shares, representing approximately 1.8% of its total issued share capital. These shares are set aside mainly for employee incentive programs and management compensation, and they provide the company flexibility for future allocations.
This activity is in line with a program authorized in May 2024 and operates under the Market Abuse Regulation, allowing share repurchases for such corporate purposes. While this move reflects a regular operational strategy, it marginally impacts the overall shareholder value due to the relatively small volume repurchased.