Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated October 17, 2022. The report discloses transactions in the company's own shares conducted under its common share repurchase program for the period from October 10, 2022, to October 14, 2022.
Key Financial Metrics
The filing focuses exclusively on share repurchase activity and does not report revenue, profit, cash flow, margins, debt, or liquidity metrics.
- Shares Repurchased: 350,433 ordinary shares (0.04% of issued share capital).
- Weighted Average Purchase Price: EUR 32.2004 per share.
- Total Amount Paid: EUR 11,284,078.51.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held: 5,597,842 shares (approximately 0.6% of issued share capital) following these transactions.
Material Changes
The filing does not provide comparative financial data or material changes versus prior periods. It serves as a regulatory disclosure of specific buyback transactions executed during the stated week.
Guidance, Outlook, and Risks
The document contains no financial guidance, outlook, or management commentary regarding future performance. It references the company's commitment to becoming carbon neutral by 2027 and notes that a full breakdown of individual trades is available on the company's investor website in compliance with the Market Abuse Regulation.
Investor Verification Checklist
- Verify the total number of treasury shares held (5,597,842) against the company's latest quarterly or annual report.
- Confirm the remaining authorization limit for the share repurchase program approved on May 27, 2021.
- Review the detailed trade breakdown on the STMicroelectronics investor website for granular transaction data.
- Check subsequent filings for updates on the buyback program status and total capital returned to shareholders.