Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated September 6, 2022. The document discloses the status of the Company's common share repurchase program for the period from August 29, 2022, to September 2, 2022. STMicroelectronics is a global semiconductor leader and integrated device manufacturer.
Key Financial Metrics
The filing focuses on capital allocation activities rather than operational financial performance. Key metrics related to the share buyback program include:
- Total Shares Repurchased: 214,743 ordinary shares (0.02% of issued share capital).
- Total Amount Paid: EUR 7,542,559.80.
- Weighted Average Purchase Price: EUR 35.1237 per share.
- Current Treasury Shares: 4,336,275 shares (approximately 0.5% of issued share capital).
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity for the reporting period.
Material Changes
The filing details specific daily transactions within the reporting period on the Euronext Paris market (MIC code: XPAR). The weighted average purchase price fluctuated daily between EUR 34.4699 and EUR 35.7372. No material changes to operational results or financial position are reported in this document.
Guidance, Outlook, and Risks
This filing contains no guidance, outlook, or management commentary regarding future financial performance. It references the Company's commitment to becoming carbon neutral by 2027. The disclosure is made in accordance with the Market Abuse Regulation (EU) 596/2014. No specific risks or contingencies are detailed in this text.
Investor Verification Checklist
- Verify the total number of treasury shares held (4,336,275) 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 full breakdown of individual trades on the STMicroelectronics investor website as referenced in the filing.
- Check subsequent filings for updates on the buyback program status and operational financial results.