Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated May 31, 2022. The document discloses transactions in the company's own shares conducted under its previously announced share buy-back program. The specific reporting period for these transactions covers May 23, 2022, to May 27, 2022.
Key Financial Metrics
The filing details the execution of share repurchases rather than operational financial results. Key metrics for the reporting period include:
- Total Shares Repurchased: 265,096 ordinary shares (0.03% of issued share capital).
- Weighted Average Purchase Price: EUR 36.1732 per share.
- Total Amount Paid: EUR 9,589,372.71.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held Post-Transaction: 8,584,478 shares (approximately 0.9% of issued share capital).
Revenue, profit, cash flow, margins, debt, and liquidity figures are not provided in this specific filing.
Material Changes
The filing reports a reduction in outstanding shares due to the buy-back activity. Following the transactions, the company's treasury share count increased to 8,584,478. No material changes to operational performance or financial position are disclosed in this document.
Guidance, Outlook, and Risks
This filing contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies. It is a regulatory disclosure of past share transactions. 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 (8,584,478) against the company's latest quarterly or annual report.
- Confirm the remaining authorization amount 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 operational financial results.