STMicroelectronics Announces Status of Common Share Repurchase Program

AMSTERDAM – August 12, 2024 – STMicroelectronics N.V., a global leader in semiconductor solutions, has disclosed full details of its common share repurchase program. The Program, approved on May 22, 2024, allows the company to buy back shares to fulfill obligations related to employee share option programs.

During the period from August 05 to August 09, 2024, the company repurchased 373,000 ordinary shares, representing 0.04% of its issued share capital, at an average price of EUR 26.6520 per share. The total transaction cost amounted to EUR 9,941,210.60.

The shares were acquired on the regulated market of Euronext Paris. Post-repurchase, STMicroelectronics holds a total of 8,947,116 treasury shares, approximately 1.0% of its issued share capital. Detailed information about individual trades is available on the company's website.