STMicroelectronics (STM) has released an update.
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STMicroelectronics has repurchased 409,408 of its own shares, valued at over EUR 10 million, as part of its ongoing buy-back program. This move accounts for 0.04% of its issued share capital and supports obligations related to share option programs and other allocations. Following these transactions, the company holds approximately 1.3% of its shares in treasury, reflecting a strategic approach to managing its equity structure.
For further insights into STM stock, check out TipRanks’ Stock Analysis page.
