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STM ST Microelectronics

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Delayed by 15 minutes
Share Name Share Symbol Market Type
ST Microelectronics BIT:STM Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

STMicroelectronics Launches Buyback of Up to $1.04 Billion

01/07/2021 7:32am

Dow Jones News


ST Microelectronics (BIT:STM)
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From Mar 2021 to Mar 2024

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   By Pietro Lombardi 
 

STMicroelectronics NV will buy back shares worth up to $1.04 billion in the next three years.

The European chip maker said Thursday that, under the buyback program, it will repurchase up to about 28.6 million shares, or roughly 3.1% of its share capital.

The company will keep the shares it buys back as treasury stock.

 

Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10

 

(END) Dow Jones Newswires

July 01, 2021 02:27 ET (06:27 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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