World News: 10:09 GMT Monday 27th May 2019. [STMicroelectronics N.V. via Globe Newswire via SPi World News]
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 May 20, 2019 to May 24, 2019 (the “Period”), of 660,760 ordinary shares (equal to 0.07% of its issued share capital) at the weighted average purchase price per share of EUR 14.2790 and for an overall price of EUR 9,434,984.72.
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.
Following the share buybacks detailed above, the Company holds in total 19,867,419 treasury shares, which represents approximately 2.2% 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 ().
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 : +41.22.929.58.12
MEDIA RELATIONS:Alexis Breton Corporate External CommunicationsTel: + 33 6 59 16 79 08
Globe Newswire: 10:09 GMT Monday 27th May 2019
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.