on STMICROELECTRONICS (EPA:STM)
STMicroelectronics Updates on Share Repurchase Program
STMicroelectronics, a leader in the semiconductor industry, has provided an update on its common share repurchase program. From August 25 to August 29, 2025, the company repurchased 271,723 ordinary shares, equivalent to 0.03% of its issued share capital. The shares were bought at an average price of EUR 23.4140 each, totaling EUR 6,362,126.30. These transactions were executed on Euronext Paris.
The repurchase was part of a program disclosed in June 2024, originally approved in May 2024. The primary purpose is to fulfill obligations related to share option programs for employees and management. STMicroelectronics may retain these shares in treasury for future needs or lawful purposes under the Market Abuse Regulation.
This initiative highlights the company's ongoing commitment to strategic financial management, with 18,960,219 treasury shares now held, representing 2.1% of its share capital.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all STMICROELECTRONICS news