STMicroelectronics announced on November 25, 2024, the latest status of its common share repurchase program, covering transactions from November 18 to November 22, 2024. During this period, the company repurchased 468,800 ordinary shares on Euronext Paris.
The total cost for these repurchases was EUR 10,920,729.99, with a weighted average purchase price of EUR 23.2951 per share. These transactions represent 0.05% of the company's issued share capital.
Following these buybacks, STMicroelectronics now holds a total of 13,045,041 treasury shares, which accounts for approximately 1.4% of its issued share capital. The repurchases are intended to fulfill obligations arising from share option programs and other share allocations to employees.
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