Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated January 10, 2022. The report discloses transactions in the company's own shares conducted under its previously announced share buy-back program. The specific reporting period for these transactions covers January 3, 2022, to January 7, 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: 153,093 ordinary shares (0.02% of issued share capital).
- Total Cost: EUR 6,705,314.10.
- Weighted Average Purchase Price: EUR 43.7990 per share.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held: 4,911,956 shares (approximately 0.5% of issued share capital) following these transactions.
Material Changes
The filing does not provide comparative financial data or material changes in operating performance versus prior periods. The primary change reported is the reduction of outstanding shares and the increase in treasury stock holdings resulting from the buy-back program.
Guidance, Outlook, and Risks
The document contains no financial guidance, forward-looking outlook, or discussion of specific risks and contingencies related to operations. It references the company's broader commitment to becoming carbon neutral by 2027 and its role in enabling smarter mobility and IoT technologies. The filing 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 (4,911,956) against the company's latest capital structure reports.
- Confirm the remaining authorization limit for the share buy-back 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 buy-back program status and any new financial results.