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The latest update is out from STMicroelectronics ( (STM) ).
On January 27, 2025, STMicroelectronics announced the results of its share repurchase program conducted between January 20 and January 24, 2025, where 354,000 ordinary shares were bought for EUR 8,710,008.40. This buy-back, part of the company’s strategy to fulfill obligations for share option programs and other purposes, reflects its ongoing efforts to manage share distribution and enhance shareholder value.
More about STMicroelectronics
STMicroelectronics is a global leader in semiconductor production, engaging with over 200,000 customers and numerous partners to create advanced semiconductor technologies. The company focuses on enabling smarter mobility, efficient power and energy management, and the large-scale deployment of cloud-connected autonomous devices, while aiming for carbon neutrality by 2027.
YTD Price Performance: 4.36%
Average Trading Volume: 5,515,145
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $22.8B
See more data about STM stock on TipRanks’ Stock Analysis page.