Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated November 22, 2021. The report discloses transactions in the company's own shares conducted under a previously announced share repurchase program. The specific reporting period for these transactions is November 15, 2021, to November 19, 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 for the period.
- Shares Repurchased: 173,731 ordinary shares (0.02% of issued share capital).
- Total Cost: EUR 7,866,421.49.
- Weighted Average Price: EUR 45.2793 per share.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held: 4,428,760 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 through the buyback program, increasing the company's treasury share holdings.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on financial outlook, or discussion of specific risks and contingencies. It is a routine disclosure of share buyback execution in compliance with the Market Abuse Regulation (EU) 596/2014.
Investor Verification Checklist
- Verify the total number of treasury shares held (4,428,760) against the company's latest capital structure filings.
- Confirm the remaining authorization limit for the share repurchase program approved on May 27, 2021.
- Review the detailed trade breakdown on the company's investor website (investors.st.com) for granular transaction data.
- Note that this filing does not contain quarterly or annual financial results; refer to Form 20-F or quarterly press releases for operational metrics.