STMicroelectronics Announces Status of Common Share Repurchase Program

    STMicroelectronics Announces Status of Common Share Repurchase Program 

 PR N°C2916C

STMicroelectronics Announces Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Sep 02, 2019 to Sep 06, 2019

AMSTERDAM – September 9, 2019 -- 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 September 2, 2019 to September 6, 2019 (the “Period”), of 164,804 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 15.9813 and for an overall price of EUR  2,633,785.21.

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

Dates of transaction	Number of share purchased	Weighted average purchase price per share (EUR)	Total amount paid (EUR)	Market on which the shares were bought (MIC code)
Sep 2, 2019	79,876	16.0351	1,280,821.56	XPAR
Sep 3, 2019	74,330	15.9088	1,182,502.81	XPAR
Sep 4, 2019	10,598	16.0842	170,460.84	XPAR
Total for Period	164,804	15.9813	2,633,785.21

Following the share buybacks detailed above, the Company holds in total  18,370,123 treasury shares, which represents approximately 2.0% 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 2018, the Company’s net revenues were $9.66 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 BerthierGroup VP, Investor RelationsTel : [e-mail]

MEDIA RELATIONS:Alexis Breton           Corporate External CommunicationsTel: + 33 6 59 16 79 [e-mail]

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• ST - Disclosure of transactions in Own shares-09sep19 6FINAL FOR PUBLICATION