STMicroelectronics announced on February 3, 2025, the latest status of its common share repurchase program, covering transactions from January 27 to January 31, 2025. During this period, the company repurchased 559,000 ordinary shares on Euronext Paris.
The total cost for these repurchases was EUR 12,793,926.30, with a weighted average purchase price of EUR 22.8872 per share. These transactions represent 0.06% of the company's issued share capital.
Following these buybacks, STMicroelectronics now holds a total of 14,974,412 treasury shares, which accounts for approximately 1.6% 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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