Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated June 28, 2021. The document serves as a disclosure of transactions in the company's own shares under its previously announced share buy-back program. The specific reporting period for these transactions covers June 21, 2021, to June 25, 2021.
Key Financial Metrics
The filing details specific share repurchase activity rather than general operating financials. Key metrics for the reported period include:
- Shares Repurchased: 17,613 ordinary shares (0.002% of issued share capital).
- Weighted Average Purchase Price: EUR 30.3218 per share.
- Total Amount Paid: EUR 534,057.33.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held: Following these transactions, the company holds 7,992,829 treasury shares, representing approximately 0.9% of issued share capital.
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity for this period.
Material Changes
This filing reports incremental activity within an ongoing program approved by shareholders on May 31, 2018. There are no material changes to the company's business operations or financial structure reported in this specific document other than the reduction of outstanding shares and the increase in treasury stock.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies. It is a routine regulatory disclosure of share buyback execution. The company notes that a full breakdown of individual trades is available on its investor website.
Investor Verification Checklist
- Verify the total number of treasury shares held (7,992,829) against the company's latest quarterly or annual report.
- Confirm the remaining authorization limit for the share buy-back program approved in 2018.
- Review the full trade breakdown on the STMicroelectronics investor website for granular transaction data.
- Check subsequent filings for updates on the buy-back program status.