Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated June 21, 2021. The report discloses transactions in the company's own shares conducted under its previously announced share repurchase program. The specific reporting period for these transactions covers June 14, 2021, to June 18, 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: 7,826 ordinary shares (0.001% of issued share capital).
- Weighted Average Purchase Price: EUR 31.5405 per share.
- Total Amount Paid: EUR 246,836.26.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Total Treasury Shares Held: 7,975,216 shares (approximately 0.9% of issued share capital) following these transactions.
Material Changes
The filing does not provide comparative data against a prior period to assess material changes in financial performance or operational metrics. The only change reported is the incremental increase in treasury shares held by the company.
Guidance, Outlook, and Risks
The document contains no financial guidance, outlook, or management commentary regarding future business performance. It references the company's general business scope as a global semiconductor leader serving mobility, power management, IoT, and 5G applications. No specific risks or contingencies are detailed in this filing.
Investor Verification Checklist
- Verify the total number of treasury shares held (7,975,216) against the company's latest 20-F annual report.
- Confirm the remaining authorization limit for the share buy-back program approved on May 31, 2018.
- Review the detailed trade breakdown on the company's investor website (investors.st.com/buyback-program) as referenced in the filing.
- Check subsequent filings for updates on the buy-back program status and any new financial results.