STMicroelectronics Completes Share Buyback
Company Announcements

STMicroelectronics Completes Share Buyback

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

STMicroelectronics N.V. reports completing a share repurchase program, buying back 175,000 shares for EUR 6.57 million to meet obligations from convertible debt instruments. The transactions occurred between May 6 and May 10, 2024, with the company now holding 1.3% of its issued share capital in treasury. This strategic move is part of STMicroelectronics’ broader commitment to its financial instruments and sustainable growth.

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


Price Change
S&P 500
Dow Jones
Nasdaq 100

Popular Articles