STMicroelectronics Advances Share Buy-Back Program
Company Announcements

STMicroelectronics Advances Share Buy-Back Program

STMicroelectronics (STM) has released an update.

STMicroelectronics has reported purchasing 428,000 of its own shares for EUR 13,015,490.70 as part of its share buy-back program aimed at fulfilling obligations from share-based employee compensation schemes. Managing a total of 8,574,116 treasury shares, the company continues to advance its commitment to sustainability with the goal of becoming carbon neutral by 2027. Details of the individual trades completed during the period from July 29 to August 2, 2024, are available on the company’s investor relations website.

For further insights into STM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlySTMicroelectronics price target lowered to EUR 28 from EUR 34 at Barclays
TheFlyEnvironmental Solutions, STMicroelectronics create sustainable bricks
TheFlySTMicroelectronics put volume heavy and directionally bearish
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App