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STM STMicroelectronics NV

40.69
0.38 (0.94%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
STMicroelectronics NV NYSE:STM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.38 0.94% 40.69 41.43 40.68 41.41 3,219,575 22:32:52

STMicroelectronics Announces Status of Common Share Repurchase Program

01/08/2017 10:31am

GlobeNewswire Inc.


STMicroelectronics NV (NYSE:STM)
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Amsterdam - August 1, 2017 - STMicroelectronics N.V. (the "Company" or "STMicroelectronics") announces today the interim status of its common share repurchase program announced on June 22, 2017 for up to 19 million shares for an amount up to US$ 297 million.

The Company announces that it has repurchased on the Mercato Telematico Azionario and other venues, in the period between June 30, 2017 and July 28, 2017, 15,036,059 Company ordinary shares (equal to 1.7% of the Company's share capital) at the weighted average purchase price of EUR 13.6421 per share for an overall purchase price of EUR 205,123,153.

Below is a summary of the repurchase transactions made in the course of the above mentioned period in aggregate and detailed form.

Aggregate Transactions

Dates of transaction Number of share purchased Total amount paid (EUR) Weighted average purchase price per share (EUR) Percentage of program completed Identification code of shares purchased (ISIN) Period average total volume on all venues (in number of shares) Market on which the shares were bought (MIC code)
June 30 - July 7 4,634,884 59,174,925 12.7673 24% NL0000226223 56,692,768 MTA, Turquoise, ChiX, Bats europe
July 10 - July 14 3,515,651 48,010,731 13.6563 43% NL0000226223 50,521,814 MTA, Turquoise, ChiX, Bats europe
July 17 - July 21 3,145,264 44,055,703 14.0070 59% NL0000226223 49,641,944 MTA, Turquoise, ChiX, Bats europe
July 24 - July 28 3,740,260 53,881,795 14.4059 79% NL0000226223 57,282,852 MTA, Turquoise, ChiX, Bats europe

Detailed Transactions

Date of transaction Number of share purchased Identification code of shares purchased (ISIN) Total amount paid (EUR) Currency Name of the Investment Service Provider ("ISP") Weighted average of last 20 days Volumes on all venues (in shares) % of last 20 days Volumes on all venues
6/30/2017 804,886 NL0000226223 10,181,566 EUR Société Générale 10,386,507 8%
7/3/2017 819,276 NL0000226223 10,422,256 EUR Société Générale 10,602,850 8%
7/4/2017 835,557 NL0000226223 10,495,766 EUR Société Générale 10,830,377 8%
7/5/2017 466,035 NL0000226223 5,875,909 EUR Société Générale 10,899,202 4%
7/6/2017 844,970 NL0000226223 10,904,338 EUR Société Générale 10,995,232 8%
7/7/2017 864,160 NL0000226223 11,295,090 EUR Société Générale 11,243,610 8%
7/10/2017 862,289 NL0000226223 11,506,299 EUR Société Générale 11,286,273 8%
7/11/2017 803,505 NL0000226223 10,908,866 EUR Société Générale 10,563,592 8%
7/12/2017 225,882 NL0000226223 3,073,486 EUR Société Générale 10,700,058 2%
7/13/2017 813,505 NL0000226223 11,321,061 EUR Société Générale 10,777,135 8%
7/14/2017 810,470 NL0000226223 11,201,020 EUR Société Générale 10,766,931 8%
7/17/2017 765,530 NL0000226223 10,714,664 EUR Société Générale 10,342,665 7%
7/18/2017 774,650 NL0000226223 10,643,614 EUR Société Générale 10,505,631 7%
7/19/2017 74,430 NL0000226223 1,033,453 EUR Société Générale 10,534,775 1%
7/20/2017 777,334 NL0000226223 11,036,510 EUR Société Générale 10,646,561 7%
7/21/2017 753,320 NL0000226223 10,627,462 EUR Société Générale 10,304,664 7%
7/24/2017 748,960 NL0000226223 10,634,408 EUR Société Générale 10,245,794 7%
7/25/2017 747,090 NL0000226223 10,734,413 EUR Société Générale 10,170,885 7%
7/26/2017 746,840 NL0000226223 10,900,354 EUR Société Générale 10,206,213 7%
7/27/2017 754,850 NL0000226223 11,006,241 EUR Société Générale 10,268,237 7%
7/28/2017 742,520 NL0000226223 10,606,378 EUR Société Générale 10,173,556 7%

Following the share buybacks detailed above the Company holds in total 35,749,555 treasury shares, which represents approximately 3.9% of the Company's issued share capital.

The Company will continue, until completion of its announced share buyback program, to repurchase up to 19 million shares for an amount up to US$ 297 million.

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 2016, the Company's net revenues were $6.97 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS: Tait Sorensen                                      Group VP, Investor Relations Tel: +1 602 485 2064 tait.sorensen@st.com

MEDIA RELATIONS:Alexis Breton                                       Director, PR & Media OperationsSTMicroelectronics Tel: + 33 6 59 16 79 08 alexis.breton@st.com

 

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/a34297f8-f67f-4efe-bca8-fc9f807600ba

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