tiprankstipranks
STMicroelectronics Boosts Share Buyback with Recent Repurchase
Company Announcements

STMicroelectronics Boosts Share Buyback with Recent Repurchase

STMicroelectronics (STM) has released an update.

Pick the best stocks and maximize your portfolio:

STMicroelectronics has repurchased 547,000 of its own shares, equivalent to 0.06% of its issued share capital, for a total of EUR 13.49 million as part of its ongoing share buy-back program. These acquisitions, made on the Euronext Paris market, are aimed at fulfilling obligations related to employee share option programs and may also serve other lawful purposes.

For further insights into STM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlySTMicroelectronics enters collaboration with Quobly to produce QPUs at scale
TheFlySTMicroelectronics introduces first product of Qualcomm collaboration
TheFlySTMicroelectronics downgraded to Neutral from Overweight at JPMorgan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App