Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated August 31, 2021. The report discloses transactions in the Company's own shares conducted under its common share repurchase program for the period from August 23, 2021, to August 27, 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: 158,752 ordinary shares (0.02% of issued share capital).
- Weighted Average Purchase Price: EUR 36.6684 per share.
- Total Amount Paid: EUR 5,821,186.99.
- Market: Euronext Paris (XPAR).
- Total Treasury Shares Held: 8,593,227 shares (approximately 0.9% 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. The primary change reported is the reduction of outstanding shares through the buyback program and the increase in treasury stock holdings.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future performance, or specific risk factors. It notes that the repurchase program was approved by a shareholder resolution on May 27, 2021, and by the supervisory board. Detailed trade breakdowns are available on the Company's investor website.
Investor Verification Checklist
- Verify the total number of treasury shares held (8,593,227) against the latest Form 20-F or quarterly reports.
- Confirm the remaining authorization amount for the share buyback program approved in May 2021.
- Review the detailed trade breakdown on the STMicroelectronics investor website for granular transaction data.
- Check subsequent filings for updates on the buyback program status and total capital returned to shareholders.