STMicroelectronics (STM) has released an update.
STMicroelectronics N.V. has reported the acquisition of 373,000 of its own shares at an average price of €26.6520 per share, totaling €9,941,210.60, as part of its share repurchase program. These transactions, executed between August 5 and August 9, 2024, aim to fulfill obligations from share-based employee compensation plans. After the buybacks, the company holds approximately 1% of its issued share capital in treasury.
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