STMicroelectronics Completes Share Buy-Back Phase

STMicroelectronics (STM) has released an update.

STMicroelectronics has reported the acquisition of 331,940 of its own shares between July 22 and July 26, 2024, under its share buy-back program, with the aim of fulfilling obligations related to share-based employee compensation plans. The purchases were made on the Euronext Paris market and amounted to a total expenditure of EUR 11,453,255.84. After these transactions, the company now holds approximately 1.0% of its issued share capital in treasury shares.

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