STMicroelectronics (STM) has released an update.
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STMicroelectronics has repurchased 547,000 of its own shares, equivalent to 0.06% of its issued share capital, for a total of EUR 13.49 million as part of its ongoing share buy-back program. These acquisitions, made on the Euronext Paris market, are aimed at fulfilling obligations related to employee share option programs and may also serve other lawful purposes.
For further insights into STM stock, check out TipRanks’ Stock Analysis page.
