Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated August 2, 2021. The report discloses transactions in the company's own shares conducted under a previously announced share repurchase program. The specific reporting period for these transactions is July 26, 2021, to July 30, 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: 277,802 ordinary shares (0.03% of issued share capital).
- Total Cost: EUR 9,384,083.23.
- Weighted Average Price: EUR 33.7798 per share.
- Treasury Shares Held: 9,021,141 shares (approximately 1.0% of issued share capital) following these transactions.
- Trading Venue: Euronext Paris (MIC code: XPAR).
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 of outstanding shares and the increase in treasury stock holdings resulting from the buyback program.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future performance, or discussion of specific risks and contingencies. It strictly details the execution of the share buyback program approved by shareholders on May 27, 2021. The filing notes that a full breakdown of individual trades is available on the company's investor website.
Investor Verification Checklist
- Verify the total number of treasury shares held (9,021,141) against the company's latest capital structure filings.
- Confirm the remaining authorization limit for the share repurchase program approved on May 27, 2021.
- Review the detailed trade breakdown on the STMicroelectronics investor website for granular transaction data.
- Note that this filing does not contain quarterly or annual financial results; refer to Form 20-F or quarterly press releases for operational metrics.