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STMicroelectronics Bought 369,000 Shares For Eur 9.41M To Fulfill Share Option Obligations

ByLisa Luckas

10/21/2024
Leaning Tower of Pisa, Italy
  • STMicroelectronics repurchased 369,000 shares (0.04% of capital) on Euronext Paris from Oct 14-18, 2024, for EUR 9.41M, to meet obligations under share option programs.
  • Total treasury shares now 10,836,614 (1.2% of capital).

Mon Oct 21 13:00:39 -0000 2024 UTC– STMicroelectronics disclosed details of its common share repurchase program from Oct 14 to Oct 18, 2024.

They bought 369,000 shares at an average price of EUR 25.5055 for EUR 9,411,525. The purpose was to fulfill obligations related to share option programs. The company now holds 10,836,614 treasury shares.

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ByLisa Luckas

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

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