STMicroelectronics Announces Status of Common Share Repurchase Program

By | November 12, 2018

AMSTERDAM – November 12, 2018 — 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 November 5, 2018 to November 9, 2018 (the “Period”), of 1,152,758 ordinary shares (equal to 0.1% of its issued share capital) at the weighted average purchase price per share of EUR 13.2838 and for an overall price of EUR 15,312,987.20.

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

Total amount paid (EUR)

Weighted average purchase price per share (EUR)

Market on which the shares were bought (MIC code)

November 5, 2018

 235,317

3,177,708.53

13.5039

XPAR

November 6, 2018

 236,430

3,158,374.51

13.3586

XPAR

November 7, 2018

 233,712

3,123,015.63

13.3627

XPAR 

November 8, 2018

 227,794

2,998,598.67

13.1636

XPAR

November 9, 2018

219,505

2,855,289.87

13.0079

XPAR

Total for Period

1,152,758

15,312,987.20

13.2838

XPAR

 

Following the share buybacks detailed above, the Company holds in total 9,721,849 treasury shares, which represents approximately 1.1% 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 (www.st.com).

 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 2017, the Company’s net revenues were $8.35 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 : +41.22.929.58.12
[email protected]

 

MEDIA RELATIONS:
Alexis Breton
Director, PR & Media Operations
Tel: + 33 6 59 16 79 08
[email protected]