STMicroelectronics Announces Status of Common Share Repurchase Program
Amsterdam / 27 Jul 2017
STMicroelectronics N.V. (the “Company” or “STMicroelectronics”) announces today the interim status of its common share repurchase program announced on June 22, 2017 for up to 19 million shares for an amount up to US$ 297 million.
The Company announces that it has repurchased on the Mercato Telematico Azionario and other venues, in the period between June 30, 2017 and July 21, 2017, 11,295,799 Company ordinary shares (equal to 1.2% of the Company’s share capital) at the weighted average purchase price of EUR 13.3892 per share for an overall purchase price of EUR 151,241,358.
Below is a summary of the repurchase transactions made in the course of the above mentioned period in aggregate and detailed form.
The press release is available as a PDF here.