STMicroelectronics ( (STM) ) has issued an announcement.
STMicroelectronics announced the results of its share buy-back program for the period from March 10 to March 14, 2025. During this period, the company repurchased 281,500 ordinary shares at an average price of EUR 22.5101 per share, totaling EUR 6,336,599.10. This buy-back is part of a strategy to meet obligations related to share option programs and other allocations to employees and management. The repurchase represents 0.03% of the company’s issued share capital, and the shares may be held in treasury for future use or other lawful purposes.
More about STMicroelectronics
STMicroelectronics is a global leader in semiconductor technology, serving a wide range of electronics applications. The company collaborates with over 200,000 customers and numerous partners to design and produce products and solutions that enhance smarter mobility, efficient power and energy management, and the deployment of cloud-connected autonomous devices. STMicroelectronics is committed to achieving carbon neutrality and 100% renewable electricity sourcing by 2027.
YTD Price Performance: 2.30%
Average Trading Volume: 7,039,315
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $22.06B
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