STMicroelectronics announced on November 18, 2024, further details of its common share repurchase program, covering the period from November 11 to November 15, 2024. The company repurchased 474,885 ordinary shares on the regulated market of Euronext Paris.
The total value of these transactions was EUR 11,799,157.72, with an average purchase price of EUR 24.8463 per share. These repurchases represent 0.05% of STMicroelectronics' issued share capital.
As a result of these buybacks, the company now holds a total of 12,576,241 treasury shares, which amounts to approximately 1.4% of its issued share capital. The repurchases are conducted to meet obligations from share option programs and other employee share allocations.
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