STMicroelectronics Announces Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from November 12, 2018 to November 16, 2018
Amsterdam / 19 Nov 2018

STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between November 12, 2018 to November 16, 2018 (the “Period”), of 1,133,497 ordinary shares (equal to 0.1% of its issued share capital) at the weighted average purchase price per share of EUR 12.3266 and for an overall price of EUR 13,972,142.17. 

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.

Transactions in Period

Dates of  transaction Number of share
purchased
Total amount paid
(EUR)
Weighted average purchase price per share
(EUR)
Market on which the shares were bought
(MIC code)
November 12, 2018 217,040 2,727,958.40 12.5689 XPAR
November 13, 2018 226,742  2,781,209.21  12.2660 XPAR
November 14, 2018 231,334 2,864,117.57 12.3809 XPAR
November 15, 2018 228,351 2,792,698.25 12.2298 XPAR
November 16, 2018 230,030 2,806,158.74 12.1991 XPAR
Total for Period 1,133,497 13,972,142.17 12.3266 XPAR

Following the share buybacks detailed above, the Company holds in total 10,855,346 treasury shares, which represents approximately 1.2% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website (https://investors.st.com/buyback-program).

About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST’s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.

By getting more from technology to get more from life, ST stands for life.augmented.

In 2017, the Company’s net revenues were $8.35 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations

Tel : +41.22.929.58.12
celine.berthier@st.com

MEDIA RELATIONS:
Alexis Breton
Director, PR & Media Operations

Tel: + 33 6 59 16 79 0alexis.breton@st.com

 

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