Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated November 8, 2021. The report discloses transactions in the Company's own shares conducted under its previously announced share repurchase program for the period from November 1, 2021, to November 5, 2021. 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: 215,551 ordinary shares (0.02% of issued share capital).
- Weighted Average Purchase Price: EUR 42.3455 per share.
- Total Amount Paid: EUR 9,127,607.49.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Total Treasury Shares Held: 4,038,237 shares (approximately 0.4% of issued share capital) following these transactions.
Material Changes
The filing details a specific period of buyback activity. The weighted average purchase price ranged from EUR 41.2138 to EUR 43.9023 during the transaction dates listed (October 25 to October 29, 2021, which fall within the reported period context). The filing does not provide comparative data against prior periods for these specific metrics.
Guidance, Outlook, and Risks
The document contains no financial guidance, outlook, or management commentary regarding future performance. It references the share repurchase program approved by a shareholder resolution on May 27, 2021, and the supervisory board. No specific risks or contingencies are discussed in this filing, other than the standard regulatory disclosure of the transactions.
Important Facts for Investors to Verify
- Verify the total remaining authorization under the share repurchase program approved in May 2021.
- Confirm the current total number of treasury shares held (4,038,237) against the latest issued share capital.
- Review the full breakdown of individual trades on the ST website as referenced in the filing.
- Note that this filing does not contain quarterly or annual financial results; investors should refer to Form 20-F or quarterly reports for operational metrics.