Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated July 18, 2022. The report discloses transactions in the Company's own shares conducted under its previously announced share repurchase program. The specific reporting period for these transactions covers July 11, 2022, to July 15, 2022.
Key Financial Metrics
The filing details share repurchase activity rather than operational financial performance. Key metrics for the period include:
- Total Shares Repurchased: 210,462 ordinary shares (0.02% of issued share capital).
- Weighted Average Purchase Price: EUR 31.2095 per share.
- Total Amount Paid: EUR 6,568,407.90.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held: Following these transactions, the Company holds 4,217,560 treasury shares, representing approximately 0.5% of issued share capital.
The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity for this period.
Material Changes
This filing reports a specific tranche of share buybacks. There is no comparative data provided in this document to assess material changes in share repurchase volume or pricing versus prior periods. The total treasury share count increased to 4,217,560 following the reported transactions.
Guidance, Outlook, and Risks
The document does not contain financial guidance, outlook, or management commentary on operational performance. It references the Company's commitment to becoming carbon neutral by 2027. The filing notes that a full breakdown of individual trades is available on the Company's investor website in accordance with the Market Abuse Regulation.
Investor Verification Checklist
- Verify the total number of treasury shares held (4,217,560) 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 Form 6-K filings for continued repurchase activity under the same program.