tiprankstipranks
STMicroelectronics Strengthens Equity with Share Buyback
Company Announcements

STMicroelectronics Strengthens Equity with Share Buyback

STMicroelectronics (STM) has released an update.

Don't Miss our Black Friday Offers:

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.

Related Articles
TheFlyCVS upgraded, FedEx downgraded: Wall Street’s top analyst calls
TheFlySTMicroelectronics, Renault enter multi-year agreement for SiC power modules
TheFlySTMicroelectronics initiated with a Neutral at Exane BNP Paribas
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App