Stmicroelectronics N.V. (STM) has released an update.
STMicroelectronics N.V. has completed a share repurchase, buying back 165,237 of its own shares between March 18 and March 20, 2024, at an average price of EUR 40.5702 per share, amounting to a total expenditure of EUR 6,703,690.30. These repurchases are part of a program announced on July 1, 2021, aimed at fulfilling obligations from debt financial instruments convertible into equity. Following the transactions, the company now holds approximately 1.1% of its issued share capital in treasury.
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