Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated August 1, 2022. The document discloses transactions in the company's own shares conducted under its previously announced share buy-back program for the period from July 25, 2022, to July 29, 2022.
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: 184,030 ordinary shares (0.02% of issued share capital).
- Total Cost: EUR 6,460,830.06.
- Weighted Average Price: EUR 35.1075 per share.
- Trading Venue: Euronext Paris (XPAR).
- Treasury Shares Held: 4,596,425 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. It solely reports the execution of the buy-back program for the specified week.
Guidance, Outlook, and Risks
The document contains no financial guidance, outlook, or management commentary regarding future earnings. It references the company's commitment to becoming carbon neutral by 2027 and notes that a full breakdown of individual trades is available on the company's investor website in compliance with the Market Abuse Regulation.
Investor Verification Checklist
- Verify the total number of treasury shares held (4,596,425) against the company's latest capital structure filings.
- 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 compliance with Market Abuse Regulation.
- Check subsequent filings for updates on the buy-back program status and any changes in share count.