STMicroelectronics (STM) has released an update.
STMicroelectronics has announced the completion of a share buy-back program where 30,678 shares were repurchased from June 3 to June 7, 2024, for an overall expense of EUR 1,252,600.16. This move aims to fulfill obligations from debt financial instruments convertible into equity. Following these transactions, the company now holds 0.8% of its issued share capital in treasury shares.
For further insights into STM stock, check out TipRanks’ Stock Analysis page.