Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
STMicroelectronics ( (STM) ) has issued an update.
On January 20, 2025, STMicroelectronics announced the completion of a share buy-back program executed from January 13 to January 17, 2025, purchasing 385,400 ordinary shares at an average price of EUR 23.8548. This move, part of a shareholder-approved initiative, aims to fulfill obligations related to share option programs for employees and management, with the potential to utilize any excess shares for other legal purposes, enhancing the company’s financial flexibility and stakeholder value.
More about STMicroelectronics
STMicroelectronics is a global leader in semiconductor technologies, employing over 50,000 individuals and serving a diverse range of electronics applications. The company collaborates with numerous customers and partners to innovate products and solutions that enhance smarter mobility, efficient energy management, and autonomous connectivity, aiming for carbon neutrality by 2027.
YTD Price Performance: 4.40%
Average Trading Volume: 5,498,324
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.03B
See more data about STM stock on TipRanks’ Stock Analysis page.
