Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. is dated May 17, 2021. The document discloses the status of the Company's common share repurchase program for the period from May 10, 2021, to May 14, 2021. STMicroelectronics is a global semiconductor leader serving customers across various electronics applications.
Key Financial Metrics
The filing focuses exclusively on share repurchase activity and does not report revenue, profit, cash flow, margins, debt, or liquidity metrics for the period.
- Shares Repurchased: 559,156 ordinary shares (0.06% of issued share capital).
- Total Cost: EUR 16,357,699.36.
- Weighted Average Purchase Price: EUR 29.2543 per share.
- Trading Venue: Euronext Paris (XPAR).
- Treasury Shares Held: 12,286,836 shares (approximately 1.3% of issued share capital) following these transactions.
Material Changes
The filing does not provide comparative financial data or material changes in operating performance versus prior periods. The primary change reported is the reduction of outstanding shares through the buyback program.
Guidance, Outlook, and Risks
The document contains no financial guidance, outlook, or management commentary regarding future earnings or market conditions. It references compliance with the Market Abuse Regulation (Regulation (EU) 596/2014) and 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 (12,286,836) against the Company's latest capital structure filings.
- Confirm the remaining authorization limit for the share buyback program approved on May 31, 2018.
- Review the detailed trade breakdown on the STMicroelectronics investor website for granular transaction data.
- Check subsequent filings for updates on the buyback program status and total capital deployed.