ST Announced Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Apr 14, 2020 to Apr 17, 2020

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April 20, 2020 – STMicroelectronics N.V., announced 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 April 14, 2020 to April 17, 2020 (the “Period”), of 564,682 ordinary shares (equal to 0.06% of its issued share capital) at the weighted average purchase price per share of EUR 21.3889 and for an overall price of EUR 12,077,915.66.

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 transactionNumber of share purchasedWeighted average purchase price per share (EUR)Total amount paid (EUR)Market on which the shares were bought (MIC code)
Apr 14, 2020 154,591 22.0696 3,411,761.53XPAR
Apr 15, 2020 146,412 21.1131 3,091,211.20XPAR
Apr 16, 2020 133,761 20.8634 2,790,709.25XPAR
Apr 17, 2020 129,918 21.4307 2,784,233.68XPAR
Total for Period 564,682 21.3889 12,077,915.66 

Following the share buybacks detailed above, the Company holds in total 24,165,097 treasury shares, which represents approximately 2.7% 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).

For more information please visit at:  www.st.com.