Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated April 12, 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 April 6, 2021, to April 9, 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.
- Total Shares Repurchased: 317,677 ordinary shares (0.03% of issued share capital).
- Weighted Average Purchase Price: EUR 33.1388 per share.
- Total Amount Paid: EUR 10,527,424.97.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held Post-Transaction: 10,128,211 shares (approximately 1.1% of issued share capital).
Material Changes
The filing does not provide comparative financial data against prior periods. The material change reported is the reduction of outstanding shares by 317,677 units and the increase in treasury stock holdings to 10,128,211 shares following the transactions in the specified period.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on financial performance, or discussion of risks and contingencies. It serves strictly as a regulatory disclosure of share buyback execution in compliance with the Market Abuse Regulation (EU) 596/2014. The company notes that a full breakdown of individual trades is available on its investor relations website.
Investor Verification Checklist
- Verify the total number of treasury shares held (10,128,211) against the company's latest capital structure filings.
- Confirm the remaining authorization limit for the share repurchase program approved on May 31, 2018.
- Review the detailed trade breakdown on the STMicroelectronics investor website for granular transaction data.
- Check subsequent Form 6-K filings to track the continuation or completion of the buyback program.