Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated September 7, 2021. The report discloses the status of the Company's common share repurchase program for the period from August 30, 2021, to September 3, 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: 129,000 ordinary shares (0.01% of issued share capital).
- Weighted Average Purchase Price: EUR 37.9117 per share.
- Total Amount Paid: EUR 4,890,610.60.
- Market: Euronext Paris (XPAR).
- Treasury Shares Held: 2,907,263 shares (approximately 0.3% of issued share capital) following these transactions.
Material Changes
The filing does not provide comparative financial data against prior periods. The primary activity reported is the execution of the share buyback program approved by shareholders on May 27, 2021.
Guidance, Outlook, and Risks
The document contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. It strictly details the execution of the share repurchase program in compliance with the Market Abuse Regulation (EU) 596/2014.
Investor Verification Points
- Verify the total number of treasury shares held (2,907,263) against the Company's latest capital structure filings.
- Confirm the remaining authorization under the share buyback program approved on May 27, 2021.
- Review the detailed trade breakdown on the ST investor website as referenced in the filing.
- Note that this filing does not contain quarterly or annual financial performance data.