Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM), dated August 9, 2021, discloses the status of its common share repurchase program. The report covers transactions executed between August 2, 2021, and August 6, 2021, on the Euronext Paris regulated market.
Key Financial Metrics
The filing focuses exclusively on share buyback activity and does not report revenue, profit, cash flow, margins, debt, or liquidity metrics.
- Shares Repurchased: 296,249 ordinary shares (0.03% of issued share capital).
- Total Cost: EUR 10,497,185.94.
- Weighted Average Price: EUR 35.4337 per share.
- Treasury Shares Held: 8,024,517 shares (approximately 0.9% of issued share capital) following these transactions.
Material Changes
The filing does not provide comparative financial data against prior periods. It details the incremental reduction in outstanding shares and the increase in treasury stock resulting from the specific five-day trading window.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. It is a routine disclosure of transactions conducted under a program previously approved by shareholders on May 27, 2021.
Investor Verification Checklist
- Verify the total number of treasury shares held (8,024,517) against the company's latest capital structure reports.
- Confirm the remaining authorization limit for the share buyback program approved in May 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.