STMicroelectronics Executes Share Buyback Program

STMicroelectronics NV (FR:STMPA) has released an update.

STMicroelectronics has repurchased 88,200 ordinary shares as part of its share buyback program, with a total cost of EUR 2,123,379.72. The shares, representing 0.01% of the company’s issued share capital, were bought to fulfill obligations related to share options and other allocations for employees and management.

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