STMicroelectronics ( (STM) ) has provided an update.
STMicroelectronics announced the results of its share buy-back program for the period from February 17 to February 21, 2025, where it repurchased 2,500 ordinary shares at an average price of EUR 24.6355, totaling EUR 61,588.85. This initiative, part of a program approved in May 2024, aims to fulfill obligations related to share option programs and other allocations, with the potential for shares to be used for other lawful purposes if not needed for their initial intent.
More about STMicroelectronics
STMicroelectronics is a global leader in semiconductor technologies, providing solutions across various electronics applications. With over 50,000 employees, the company collaborates with more than 200,000 customers and numerous partners to create products that enhance smarter mobility, efficient power and energy management, and the deployment of cloud-connected autonomous systems. The company is committed to achieving carbon neutrality by 2027.
YTD Price Performance: 13.54%
Average Trading Volume: 6,483,321
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $25.24B
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