Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated February 22, 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 is February 15, 2021, to February 19, 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: 275,009 ordinary shares (0.03% of issued share capital).
- Total Cost: EUR 9,619,233.50.
- Weighted Average Purchase Price: EUR 34.9779 per share.
- Trading Venue: Euronext Paris (MIC code: XPAR).
- Treasury Shares Held Post-Transaction: 8,130,204 shares (approximately 0.9% of issued share capital).
Material Changes
The filing does not provide comparative financial data or material changes in operating performance versus prior periods. The only reported change is the reduction in outstanding shares due to the repurchase of 275,009 shares during the specified week.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future performance, or discussion of 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 (8,130,204) against the Company's latest capital structure filings.
- Confirm the remaining authorization under the share repurchase program approved on May 31, 2018.
- Review the detailed trade breakdown on the Company's investor website (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 operational metrics.