Press Release: STMicroelectronics Announces Status ofCommon Share Repurchase Program

PR NdegC2939C 
 
   STMicroelectronics Announces Status of Common Share Repurchase Program 
 
   Disclosure of Transactions in Own Shares -- Period from Jan 20, 2020 to 
Jan 24, 2020 
 
   AMSTERDAM -- January 27, 2020 -- 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 November 5, 2018. The Program was 
approved by a shareholder resolution dated May 31, 2018 and by the 
supervisory board. 
 
   STMicroelectronics N.V. (registered with the trade register under number 
33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: "STM") announces the 
repurchase (by a broker acting for the Company) on the regulated market 
of Euronext Paris, in the period between January 20, 2020 to January 24, 
2020 (the "Period"), of 346,264 ordinary shares (equal to 0.04% of its 
issued share capital) at the weighted average purchase price per share 
of EUR 26.0699 and for an overall price of EUR 9,027,068.39. 
 
   Below is a summary of the repurchase transactions made in the course of 
the Period in relation to the ordinary shares of STM (ISIN: 
NL0000226223), in detailed form. 
 
   Transactions in Period 
 
 
 
 
                                    Weighted                       Market on 
                                    average                        which the 
                   Number of     purchase price                   shares were 
Dates of             share         per share      Total amount    bought (MIC 
transaction        purchased         (EUR)         paid (EUR)        code) 
---------------  --------------  --------------  --------------  ------------- 
Jan 20, 2020             68,546         25.3577    1,738,168.90           XPAR 
---------------  --------------  --------------  --------------  ------------- 
Jan 21, 2020             66,686         24.9800    1,665,816.28           XPAR 
---------------  --------------  --------------  --------------  ------------- 
Jan 22, 2020             68,489         25.2121    1,726,751.52           XPAR 
---------------  --------------  --------------  --------------  ------------- 
Jan 23, 2020             66,442         27.0905    1,799,947.00           XPAR 
---------------  --------------  --------------  --------------  ------------- 
Jan 24, 2020             76,101         27.5474    2,096,384.69           XPAR 
---------------  --------------  --------------  --------------  ------------- 
Total for 
 Period                 346,264         26.0699    9,027,068.39 
---------------  --------------  --------------  --------------  ------------- 
 
 
   Following the share buybacks detailed above, the Company holds in total 
20,864,136 treasury shares, which represents approximately 2.3% of the 
Company's issued share capital. 
 
   In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the 
Market Abuse Regulation) and Article 2(3) of Commission Delegated 
Regulation (EU) 2016/1052, a full breakdown of the individual trades in 
the Program are disclosed on the ST website 
(https://investors.st.com/buyback-program). 
 
   About STMicroelectronics 
 
   ST is a global semiconductor leader delivering intelligent and 
energy-efficient products and solutions that power the electronics at 
the heart of everyday life. ST's products are found everywhere today, 
and together with our customers, we are enabling smarter driving and 
smarter factories, cities and homes, along with the next generation of 
mobile and Internet of Things devices. 
 
   By getting more from technology to get more from life, ST stands for 
life.augmented. 
 
   In 2019, the Company's net revenues were $9.56 billion, serving more 
than 100,000 customers worldwide. Further information can be found at 
www.st.com. 
 
   For further information, please contact: 
 
   INVESTOR RELATIONS: 
 
   Céline Berthier 
 
   Group VP, Investor Relations 
 
   Tel: [phone] 
 
   [e-mail] 
https://www.globenewswire.com/Tracker?data=gbNyl_gXfniKSerKORhpn3IRhqUT_iXmg3OB_e4uU5ue_4Jz1Lf0SYTAXF8pt7PA63FlJJ8g9hWCMUgD04PTCllPmmH7_h8PSASYzRirFXc= 
 
 
   MEDIA RELATIONS: 
 
   Alexis Breton 
 
   Corporate External Communications 
 
   Tel: + 33 6 59 16 79 08 
 
   [e-mail] 
https://www.globenewswire.com/Tracker?data=PHdDPRVNcDvvIkXrd39WPRyDjcy_fQBlZbVjuWOtPLUoAxQy8Ki0nTs5n3JQvGkytTxtV0i-12zOYukPnyNlVdsG_vpyqr8L4iu-KLRUKaU= 
 
 
   Attachment 
 
 
   -- C2939C - ST - Disclosure of transactions in Own shares-27jan20 FINAL FOR 
      PUBLICATION 
      https://ml-eu.globenewswire.com/Resource/Download/0fc3f9aa-907e-4cc6-aa7f-f158b4511faf 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

January 27, 2020 05:30 ET (10:30 GMT)