BEAMSTART Logo

STMicroelectronics Announces Status of Common Share Repurchase Program

GlobeNewswire LogoGlobeNewswire23h ago

STMicroelectronics Announces Status of Common Share Repurchase Program - GlobeNewswire

Quick Summary:

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 Jan 13, 2025 to Jan 17, 2025 (the "Period”), of 385,400 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 23.8548 and for an overall price of EUR 9,193,646.12.

STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Jan 13, 2025 to Jan 17, 2025 AMSTERDAM – January 20, 2025 -- STMicroelectronics N.V.(the "Company” or "STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program”) disclosed via a press release dated June 21, 2024.

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.

or

Article Details

Author / Journalist: STMicroelectronics N.V.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 13:00:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 531 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 25285166

View Article Analysis

About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 20 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 10 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "STMicroelectronics Announces Status of Common Share Repurchase Program" has 531 words across 15 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "STMicroelectronics Announces Status of Common Share Repurchase Program" was covered 23 hours ago by GlobeNewswire, a news publisher based in China.

How trustworthy is 'GlobeNewswire' news outlet?

GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.

The outlet is headquartered in China and publishes an average of 20 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #25285166
  • URL: https://beamstart.com/news/stmicroelectronics-announces-status-of-common-1737

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.