Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated December 20, 2021. 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 the disclosed activity is December 13, 2021, to December 17, 2021.
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: 76,361 ordinary shares (0.01% of issued share capital).
- Total Cost: EUR 3,156,744.33.
- Weighted Average Purchase Price: EUR 41.3397 per share.
- Trading Venue: Euronext Paris (XPAR).
- Treasury Shares Held: 4,802,690 shares (approximately 0.5% of issued share capital) following this period.
Material Changes
The filing does not provide comparative financial data or material changes in operating performance versus prior periods. The only reported change is the incremental reduction in outstanding shares and the increase in treasury stock holdings resulting from the buyback activity during the specified week.
Guidance, Outlook, and Risks
The document contains no financial guidance, forward-looking outlook, or discussion of risks and contingencies. It is a routine regulatory disclosure confirming compliance with the Market Abuse Regulation (EU) 596/2014 regarding the execution of the share buyback program approved by shareholders on May 27, 2021.
Investor Verification Checklist
- Verify the total number of treasury shares held (4,802,690) against the company's latest quarterly or annual report to confirm the 0.5% ownership stake.
- Confirm the remaining authorization amount for the share repurchase program, as this filing only details a small portion of the total program.
- Review the detailed trade breakdown on the company's investor website (investors.st.com/buyback-program) for granular transaction data.
- Note that this filing does not contain operational or financial performance data; refer to Form 20-F or quarterly press releases for those metrics.