Stmicroelectronics N.V. (STM) has released an update.
STMicroelectronics N.V., a semiconductor technology leader, has announced the repurchase of 219,100 of its own shares as part of an ongoing buyback program, spending a total of EUR 8,224,698.35. These transactions, conducted from April 29 to May 3, 2024, are in line with regulatory compliance to meet obligations from debt financial instruments convertible into equity. Following this, the company now holds 1.2% of its issued share capital in treasury shares.
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