Street Calls of the Week
AMSTERDAM - STMicroelectronics N.V. (NYSE:STM), a $25.3 billion market cap semiconductor manufacturer, has repurchased 399,335 of its common shares between October 6 and October 10, 2025, representing approximately 0.04% of its issued share capital, the company announced Monday. With annual revenue of $11.86 billion, STM maintains a strong market presence in the semiconductor industry.
The company paid an average price of €24.60 per share for a total of €9.82 million during the five-day period. The transactions were executed on the Euronext Paris exchange.
According to the company’s statement, the share repurchases were conducted under its buyback program announced on June 21, 2024, which was approved by shareholders on May 22, 2024, and by the supervisory board.
The primary purpose of the repurchases is to meet obligations arising from share option programs or other share allocations to employees or members of the administrative, management or supervisory bodies of the company or associate companies.
Following these transactions, STMicroelectronics now holds 19,647,653 treasury shares, equivalent to approximately 2.2% of its issued share capital. The company maintains robust financial health with a current ratio of 2.74, indicating strong liquidity to meet short-term obligations. According to InvestingPro analysis, STM holds more cash than debt on its balance sheet.
The buyback program falls under article 5(2) of the European Union’s Market Abuse Regulation. The company noted that shares may be held in treasury before being used for their intended purpose and could potentially be used for other lawful purposes if not ultimately needed for employee share programs.
STMicroelectronics describes itself as a global semiconductor leader with 50,000 employees and manufacturing facilities that serve more than 200,000 customers worldwide.
The information was disclosed in a press release issued by the company.
In other recent news, 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 focused on the development of ultra-wideband (UWB) technology. STMicroelectronics is actively involved in developing the IEEE 802.15.4ab amendment, which aims to enhance UWB system performance. The improvements are expected to deliver centimeter-level accuracy, enhanced security, and reduced power consumption. These advancements are intended for applications ranging from automotive access to smart home automation. The company’s involvement in the FiRa Consortium highlights its commitment to advancing UWB technology. These recent developments may have implications for various sectors utilizing UWB technology.
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