Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. (STM) is dated February 1, 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 January 25, 2021, to January 29, 2021.
Key Financial Metrics
The filing details the execution of share repurchases on the Euronext Paris regulated market. Key metrics for the period include:
- Total Shares Repurchased: 421,728 ordinary shares (0.05% of issued share capital).
- Weighted Average Purchase Price: EUR 32.8134 per share.
- Total Amount Paid: EUR 13,838,327.49.
- Treasury Shares Held Post-Transaction: 7,277,592 shares (approximately 0.8% of issued share capital).
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for the period.
Material Changes
This filing reports a specific increase in treasury shares held by the Company following the repurchase of 421,728 shares. The filing does not contain comparative financial data or material changes to the Company's operational performance versus prior periods.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future outlook, or discussion of risks and contingencies. It is a regulatory disclosure of completed share transactions in compliance with the Market Abuse Regulation (EU) 596/2014.
Investor Verification Checklist
- Verify the total number of treasury shares held (7,277,592) against the Company's latest capital structure reports.
- Confirm the remaining authorization limit for the share buy-back program approved on May 31, 2018.
- Review the detailed breakdown of individual trades on the ST investor website as referenced in the filing.
- Check subsequent filings for updates on the buy-back program status or new financial results.