a close up of a piece of electronic equipmentPhoto by Vishnu Mohanan
  • STMicroelectronics repurchased 353,300 shares (0.04% of share capital) for EUR 9,911,340.88 from Aug 19-23, 2024, to meet share option obligations.
  • The company now holds 9,665,916 treasury shares (1.1% of share capital).

August 26 2024 12:00:40 UTC– Italy’s STMicroelectronics (STM.MI) provided details of its common share repurchase program from August 19 to August 23, 2024.

They repurchased 353,300 ordinary shares on Euronext Paris for EUR 9,911,340.88 to fulfill obligations related to employee share programs.

The company now holds 1.1% of its share capital as treasury shares.

By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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