STMicroelectronics N.V. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated June 14, 2021, reports on share repurchase activities by STMicroelectronics N.V., a global semiconductor leader. The filing covers the specific trading period from June 7, 2021, to June 11, 2021, executed under a share buy-back program approved by shareholders on May 31, 2018.
Key Financial Metrics
The filing details specific capital allocation metrics related to the share buyback program rather than operational financial results (revenue, profit, or cash flow).
- Shares Repurchased: 359,486 ordinary shares (0.04% of issued share capital).
- Total Cost: EUR 10,967,244.90.
- Weighted Average Price: EUR 30.5081 per share.
- Treasury Shares Held: 12,465,956 shares (approximately 1.4% of issued share capital) following this period.
- Trading Venue: Euronext Paris (MIC code: XPAR).
Material Changes
The filing does not provide comparative financial data against prior periods. It serves as a regulatory disclosure of specific transactions within the ongoing buyback program. The total number of treasury shares increased by 359,486 during the reported week.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. It strictly discloses historical transaction data in compliance with the Market Abuse Regulation (EU) 596/2014. 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 (12,465,956) against the company's latest quarterly or annual report to confirm the 1.4% ownership stake.
- Confirm the remaining authorization limit of the share buyback program approved in May 2018 to assess future repurchase capacity.
- Review the detailed trade breakdown on the STMicroelectronics investor website for granular execution data.
- Note that this filing does not contain operational financial results; refer to Form 20-F or quarterly press releases for revenue and earnings data.