Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated February 7, 2022. The document serves as a disclosure of transactions in the company's own shares under a previously announced share repurchase program. The specific reporting period for these transactions covers January 31, 2022, to February 4, 2022.
Key Financial Metrics
The filing details specific capital allocation activities rather than operational financial performance metrics such as revenue or profit.
- Shares Repurchased: 297,665 ordinary shares (0.03% of issued share capital).
- Total Cost: EUR 12,122,787.02.
- Weighted Average Purchase Price: EUR 40.7263 per share.
- Treasury Shares Held: 5,784,530 shares (approximately 0.6% of issued share capital) following these transactions.
- Trading Venue: Euronext Paris (MIC code: XPAR).
Material Changes
The filing does not provide comparative financial data against prior periods. It reports a discrete set of share buyback transactions executed over a five-day period. The weighted average purchase price fluctuated daily between EUR 39.0250 and EUR 41.8348 during the reporting window.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, revenue outlook, or management commentary regarding operational performance. It references the company's broader commitment to becoming carbon neutral by 2027 and its role as a global semiconductor leader. The filing notes compliance with the Market Abuse Regulation (EU) 596/2014 regarding the disclosure of individual trades.
Investor Verification Checklist
- Verify the total number of treasury shares held (5,784,530) against the company's latest capital structure filings.
- Confirm the remaining authorization limit for the share buyback program approved on May 27, 2021.
- Review the detailed trade breakdown on the STMicroelectronics investor relations website as referenced in the filing.
- Check subsequent filings for updates on the buyback program status and total shares repurchased since February 4, 2022.