Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated April 25, 2022. The report discloses the status of the Company's common share repurchase program for the period from April 19, 2022, to April 22, 2022. STMicroelectronics is a global semiconductor leader serving customers across various electronics applications.
Key Financial Metrics
The filing focuses exclusively on share repurchase activity and does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics for the reporting period.
- Shares Repurchased: 190,739 ordinary shares (0.02% of issued share capital).
- Total Cost: EUR 6,753,883.05.
- Weighted Average Price: EUR 35.4090 per share.
- Trading Venue: Euronext Paris (XPAR).
- Treasury Shares Held: 7,300,961 shares (approximately 0.8% of issued share capital) following these transactions.
Material Changes
The filing does not contain comparative financial data or material changes in operating performance versus prior periods. It solely reports the execution of trades under an existing program approved by shareholders on May 27, 2021.
Guidance, Outlook, and Risks
The document contains no financial guidance, outlook, or management commentary regarding future earnings or market conditions. It references the Company's commitment to becoming carbon neutral by 2027. No specific risks or contingencies related to the repurchase program are detailed beyond standard regulatory disclosures.
Investor Verification Checklist
- Verify the total number of treasury shares held (7,300,961) against the Company's latest 20-F or quarterly reports.
- Confirm the remaining authorization limit for the share buy-back program approved in May 2021.
- Review the detailed trade breakdown on the ST investor website as referenced in the filing.
- Check subsequent filings for updates on the buy-back program status.