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STMicroelectronics Announces Status ofCommon Share


GlobeNewswire Inc | Jun 21, 2021 07:00AM EDT

June 21, 2021



PR NC3011C

STMicroelectronics Announces Status ofCommon Share Repurchase Program

Disclosure of Transactions in Own Shares Period from Jun14, 2021 toJun18, 2021

AMSTERDAM Jun21, 2021 -- 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 Jun 14, 2021 to Jun 18, 2021 (the Period), of 7,826 ordinary shares (equal to 0.001% of its issued share capital) at the weighted average purchase price per share of EUR 31.5405 and for an overall price of EUR 246,836.26.

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 Number of Weighted average Total Market on which thetransaction share purchase price per amount shares were bought purchased share (EUR) paid (EUR) (MIC code)Jun 14, 1,855 31.5939 58,606.68 XPAR2021Jun 15, 1,704 31.6496 53,930.92 XPAR2021Jun 16, 1,534 31.5030 48,325.60 XPAR2021Jun 17, 1,401 31.4397 44,047.02 XPAR2021Jun 18, 1,332 31.4760 41,926.03 XPAR2021Total for 7,826 31.5405 246,836.26 Period

Following the share buybacks detailed above, the Company holds in total 7,975,216 treasury shares, which represents approximately 0.9% of the Companys 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).

About STMicroelectronicsAt ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with more than 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.

For further information, please contact:INVESTOR RELATIONS:Cline BerthierGroup VP, Investor RelationsTel: +41.22.929.58.12celine.berthier@st.com

MEDIA RELATIONS:Alexis BretonCorporate External CommunicationsTel: + 33.6.59.16.79.08alexis.breton@st.com

Attachment

-- C3011C -- ST -- Disclosure of transactions in Own Shares PR -- 21 Jun 2021







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