Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated May 3, 2021. The report discloses transactions in the company's own shares conducted under its previously announced share buy-back program. The specific reporting period for these transactions covers April 26, 2021, to April 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: 335,700 ordinary shares (0.04% of issued share capital).
- Total Cost: EUR 10,856,811.72.
- Weighted Average Price: EUR 32.3408 per share.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held: Following these transactions, the company holds 11,292,024 treasury shares, representing approximately 1.2% of issued share capital.
Material Changes
The filing does not provide comparative data against prior periods 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 during the specified week.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future outlook, or discussion of specific risks and contingencies. It is a routine disclosure of share buyback execution in compliance with the Market Abuse Regulation (EU) 596/2014.
Investor Verification Checklist
- Verify the total number of treasury shares held (11,292,024) against the company's latest capital structure filings.
- Confirm the remaining authorization limit for the share buy-back program approved on May 31, 2018.
- Review the detailed trade breakdown on the ST investor website (https://investors.st.com/buyback-program) 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 revenue and earnings data.