23/06/2021 18:30
STMicroelectronics Announces Completion of its 2018 Share Buy-back Program
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INFORMATION REGLEMENTEE

Press release
Communiqué de presse
Comunicato stampa
新闻稿 / 新聞稿
プレスリリース
보도자료


PR N°C3012C



STMicroelectronics Announces Completion of its
2018 Share Buy-back Program
AMSTERDAM – June 23, 2021 -- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”),
a global semiconductor leader serving customers across the spectrum of electronics applications,
announces the completion of the share buy-back program of $750 million. The Buy Back was
launched on November 5, 2018 (the "Buy-Back ") and its duration was approximately 2.6 years. The
Buy-Back was carried out in accordance with the authorization of the Supervisory Board and the
provisions of the Market Abuse Regulation (EU) 596/2014 and Commission Delegated Regulation
(EU) 2016/1052.

The Company carried out the Buy-Back and held the shares bought back as treasury stock for the
purpose of meeting the Company's obligations in relation to its employee stock award plans.

Through the Buy-Back, the Company repurchased a total of 31,261,581 shares, on a weighted
average purchase price of €20.5362 per share, for a total of €641,994,242, equivalent to $750 million.
There are 911,204,420 issued shares in the Company’s capital and as of June 21, 2021, the
Company holds approximately eight million treasury shares, representing approximately 0.9 percent
of its issued share capital.

Purchases of shares were made through the regulated market of Euronext Paris.



About STMicroelectronics
At 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:
Céline Berthier
Group VP, Investor Relations
Tel : +41.22.929.58.12
Celine.berthier@st.com

MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33.6.59.16.79.08
alexis.breton@st.com