Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated October 11, 2022. The report discloses the status of the Company's common share repurchase program for the period from October 3, 2022, to October 7, 2022. STMicroelectronics is a global semiconductor leader serving customers across various electronics applications.
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: 252,682 ordinary shares (0.03% of issued share capital).
- Weighted Average Purchase Price: EUR 33.7456 per share.
- Total Amount Paid: EUR 8,526,896.92.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Total Treasury Shares Held: 5,247,409 shares (approximately 0.6% of issued share capital) following this period.
Material Changes
The filing does not provide comparative data against prior periods to determine material changes in financial performance. The only reported change is the reduction of outstanding shares by 252,682 units during the specified week.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future business performance. It references the Company's commitment to becoming carbon neutral by 2027. The document notes that a full breakdown of individual trades is available on the Company's investor website in accordance with EU Market Abuse Regulation.
Investor Verification Checklist
- Verify the total number of treasury shares held (5,247,409) against the Company's latest quarterly or annual report.
- 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 changes in share count.