STMicroelectronics Boosts Treasury Shares with Buyback

STMicroelectronics NV (FR:STMPA) has released an update.

STMicroelectronics has repurchased 468,800 of its own shares for a total of EUR 10.9 million, aiming to fulfill obligations related to employee share options. This buyback represents 0.05% of the company’s issued share capital, contributing to its treasury shares, which now total approximately 1.4% of its capital.

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