Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated December 10, 2018. The document serves as a disclosure of transactions in the company's own shares under its common share repurchase program for the period from December 3, 2018, to December 7, 2018.
Key Financial Metrics
The filing focuses on share repurchase activity rather than operational financial results. Key metrics disclosed include:
- Shares Repurchased: 71,383 ordinary shares (0.01% of issued share capital).
- Total Amount Paid: EUR 877,048.80.
- Weighted Average Purchase Price: EUR 12.2865 per share.
- Market: Euronext Paris (XPAR).
- Total Treasury Shares Held: 12,910,684 shares (approximately 1.4% of issued share capital) following this period.
The filing text does not provide current period revenue, profit, cash flow, margins, debt, or liquidity figures. It references 2017 net revenues of $8.35 billion in the company background section.
Material Changes
The filing does not report material changes to the company's financial condition or operations compared to prior periods. It solely reports the incremental increase in treasury shares held by the company due to the specific buyback transactions executed in early December 2018.
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 regulatory disclosure confirming compliance with the Market Abuse Regulation regarding the breakdown of individual trades, which are available on the company's investor website.
Investor Verification Checklist
- Verify the total number of treasury shares held (12,910,684) against the company's latest capital structure reports.
- Confirm the remaining authorization under the share buyback program approved on May 31, 2018.
- Review the detailed trade breakdown on the STMicroelectronics investor website as referenced in the filing.
- Note that this filing does not contain quarterly or annual financial results; refer to Form 20-F or quarterly press releases for operational metrics.