STMicroelectronics Announces Status of Common Share Repurchase Program

The press release is available as a PDF here.

Amsterdam / 01 Aug 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 28, 2017, 15,036,059 Company ordinary shares (equal to 1.7% of the Company’s share capital) at the weighted average purchase price of EUR 13.6421 per share for an overall purchase price of EUR 205,123,153.

Below is a summary of the repurchase transactions made in the course of the above mentioned period in aggregate and detailed form.

Aggregate Transactions

Dates of transaction

Number
of share
purchased

Total amount paid
(EUR)

Weighted average
purchase price
per share
(EUR)

Percentage of
program
completed

Identification code
of shares purchased
(ISIN)

Period average total
volume
on all venues
(in number of shares)

Market on which the shares
were bought
(MIC code)

June 30 – July 7

4,634,884

59,174,925

12.7673

24%

NL0000226223

56,692,768

MTA, Turquoise, ChiX, Bats europe

July 10 – July 14

3,515,651

48,010,731

13.6563

43%

NL0000226223

50,521,814

MTA, Turquoise, ChiX, Bats europe

July 17 – July 21

3,145,264

44,055,703

14.0070

59%

NL0000226223

49,641,944

MTA, Turquoise, ChiX, Bats europe

July 24 – July 28

3,740,260

53,881,795

14.4059

79%

NL0000226223

57,282,852

MTA, Turquoise, ChiX, Bats europe


Detailed Transactions

Date of transaction

Number of share purchased

Identification code of shares purchased (ISIN)

Total amount paid (EUR)

Currency

Name of the Investment Service Provider (“ISP”)

Weighted average of last 20 days Volumes on all venues (in shares)

% of last 20 days Volumes on all venues

6/30/2017

804,886

NL0000226223

10,181,566

EUR

Société Générale

10,386,507

8%

7/3/2017

819,276

NL0000226223

10,422,256

EUR

Société Générale

10,602,850

8%

7/4/2017

835,557

NL0000226223

10,495,766

EUR

Société Générale

10,830,377

8%

7/5/2017

466,035

NL0000226223

5,875,909

EUR

Société Générale

10,899,202

4%

7/6/2017

844,970

NL0000226223

10,904,338

EUR

Société Générale

10,995,232

8%

7/7/2017

864,160

NL0000226223

11,295,090

EUR

Société Générale

11,243,610

8%

7/10/2017

862,289

NL0000226223

11,506,299

EUR

Société Générale

11,286,273

8%

7/11/2017

803,505

NL0000226223

10,908,866

EUR

Société Générale

10,563,592

8%

7/12/2017

225,882

NL0000226223

3,073,486

EUR

Société Générale

10,700,058

2%

7/13/2017

813,505

NL0000226223

11,321,061

EUR

Société Générale

10,777,135

8%

7/14/2017

810,470

NL0000226223

11,201,020

EUR

Société Générale

10,766,931

8%

7/17/2017

765,530

NL0000226223

10,714,664

EUR

Société Générale

10,342,665

7%

7/18/2017

774,650

NL0000226223

10,643,614

EUR

Société Générale

10,505,631

7%

7/19/2017

74,430

NL0000226223

1,033,453

EUR

Société Générale

10,534,775

1%

7/20/2017

777,334

NL0000226223

11,036,510

EUR

Société Générale

10,646,561

7%

7/21/2017

753,320

NL0000226223

10,627,462

EUR

Société Générale

10,304,664

7%

7/24/2017

748,960

NL0000226223

10,634,408

EUR

Société Générale

10,245,794

7%

7/25/2017

747,090

NL0000226223

10,734,413

EUR

Société Générale

10,170,885

7%

7/26/2017

746,840

NL0000226223

10,900,354

EUR

Société Générale

10,206,213

7%

7/27/2017

754,850

NL0000226223

11,006,241

EUR

Société Générale

10,268,237

7%

7/28/2017

742,520

NL0000226223

10,606,378

EUR

Société Générale

10,173,556

7%

Following the share buybacks detailed above the Company holds in total 35,749,555 treasury shares, which represents approximately 3.9% of the Company’s issued share capital.

The Company will continue, until completion of its announced share buyback program, to repurchase up to 19 million shares for an amount up to US$ 297 million.

About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST’s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.

By getting more from technology to get more from life, ST stands for life.augmented.

In 2016, the Company’s net revenues were $6.97 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:
Tait Sorensen                                     
Group VP, Investor Relations

Tel: +1 602 485 2064
tait.sorensen@st.com

MEDIA RELATIONS:
Alexis Breton                                       
Director, PR & Media Operations
STMicroelectronics
Tel: + 33 6 59 16 79 08
alexis.breton@st.com

 

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