STMicroelectronics announced on January 7, 2025, the latest status of its common share repurchase program, covering transactions from January 2 to January 3, 2025. During this period, the company repurchased 188,800 ordinary shares on Euronext Paris.
The total cost for these repurchases was EUR 4,487,995.94, with a weighted average purchase price of EUR 23.7712 per share. These transactions represent 0.02% of the company's issued share capital.
Following these buybacks, STMicroelectronics now holds a total of 13,295,312 treasury shares, which accounts for approximately 1.5% 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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