STMicroelectronics repurchases 292,850 shares in buyback program

Published 20/10/2025, 13:06
STMicroelectronics repurchases 292,850 shares in buyback program

AMSTERDAM - STMicroelectronics N.V. (NYSE:STM) has repurchased 292,850 of its common shares between October 13 and October 17, 2025, representing approximately 0.03% of its issued share capital, according to a company statement released Monday. The semiconductor manufacturer, currently valued at $26.37 billion, maintains a strong financial position with more cash than debt on its balance sheet, according to InvestingPro data.

The semiconductor manufacturer paid an average price of €24.55 per share for a total of €7.19 million in the transactions executed on the Euronext Paris exchange. The current share price of $29.63 suggests the stock is trading below its Fair Value, based on InvestingPro’s comprehensive analysis, which includes 12 additional key insights about the company’s financial health.

The repurchased shares will primarily be used to meet obligations arising from employee share option programs and allocations to management and supervisory bodies of the company or its associates. The company noted that shares not needed for these purposes may be used for other lawful purposes.

The largest single-day purchase occurred on October 14, when STMicroelectronics bought 80,242 shares at an average price of €24.28, totaling €1.95 million. The company also acquired 80,000 shares on October 17 at an average price of €24.64.

Following these transactions, STMicroelectronics now holds 19,940,503 shares in treasury, equivalent to approximately 2.2% of its total issued share capital.

The current share repurchase program was approved by shareholders on May 22, 2024, and subsequently authorized by the company’s supervisory board. The program was first announced in a press release dated June 21, 2024.

STMicroelectronics is a global semiconductor manufacturer serving customers across various electronics applications with a workforce of approximately 50,000 employees.

In other recent news, STMicroelectronics has repurchased 399,335 of its common shares as part of its ongoing buyback program. This transaction, carried out between October 6 and October 10, 2025, represents approximately 0.04% of the company’s issued share capital. The semiconductor company paid an average price of €24.60 per share, totaling €9.82 million, with the transactions executed on the Euronext Paris exchange. In another development, STMicroelectronics has announced that Rias Al-Kadi, General Manager of the company’s Range and Connectivity Division, has joined the board of directors of the FiRa Consortium. This industry body is dedicated to advancing ultra-wideband (UWB) technology. The company is actively contributing to the development of the IEEE 802.15.4ab amendment to improve UWB system performance. These enhancements are expected to provide centimeter-level accuracy, enhanced security, and reduced power consumption for various applications.

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