STMicroelectronics (STM) has released an update.
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STMicroelectronics N.V., a global semiconductor leader, has disclosed transactions from its ongoing share repurchase program, buying back 238,000 shares for a total of EUR 9,264,576.38 between July 8 and July 12, 2024. These buybacks are part of a broader strategy to meet obligations from debt financial instruments convertible into equity and may be used for other lawful purposes. The company emphasizes its commitment to sustainability, aspiring to become carbon neutral by 2027.
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