Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated August 17, 2021. The document discloses transactions in the company's own shares conducted between August 9, 2021, and August 13, 2021, as part of a previously announced share buy-back program approved by shareholders on May 27, 2021.
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: 198,835 ordinary shares (0.02% of issued share capital).
- Weighted Average Purchase Price: EUR 36.4437 per share.
- Total Amount Paid: EUR 7,246,276.76.
- Trading Venue: Euronext Paris (XPAR).
- Treasury Shares Held Post-Transaction: 8,223,352 shares (approximately 0.9% of issued share capital).
Material Changes
The filing does not provide comparative financial data or material changes in operating performance versus prior periods. The only reported change is the reduction in outstanding shares due to the repurchase of 198,835 shares during the specified week.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies. It strictly reports compliance with the Market Abuse Regulation regarding the disclosure of individual trades in the buy-back program.
Investor Verification Checklist
- Verify the total number of treasury shares held (8,223,352) 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 breakdown of individual trades on the company's investor relations website as referenced in the filing.
- Check subsequent Form 6-K filings for continued repurchase activity under the same program.