STMicroelectronics Completes Share Buyback
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STMicroelectronics Completes Share Buyback

Stmicroelectronics N.V. (STM) has released an update.

STMicroelectronics N.V., a leader in the semiconductor industry, has announced the completion of a share repurchase program, acquiring 246,784 of its own shares between April 15 and April 19, 2024. The program, part of a previously disclosed initiative, involved transactions on the Euronext Paris at an average price of EUR 37.9238 per share, totaling EUR 9,358,989.65. These repurchases aim to meet obligations from debt financial instruments and may be held in treasury for future lawful purposes.

For further insights into STM stock, check out TipRanks’ Stock Analysis page.


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