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STMicroelectronics N.V. Buyback

OLI recorded this information on 7/1/2021

Company: STMicroelectronics N.V.
Buyback: STM buyback
$Amount Authorized: $1,040,000,000
Buyback Details: STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the launch of a share buy-back program of up to $1,040 million to be executed within a 3-year period (subject to shareholder and other approvals from time to time) following the publication of this press release. The share buy-back program will be carried out in accordance with the authorisation of the Supervisory Board and the provisions of the Market Abuse Regulation (EU) 596/2014 and Commission Delegated Regulation (EU) 2016/1052.

STMicroelectronics is an independent semiconductor company that designs, develops, manufactures and markets components, application-specific integrated circuits, full-custom devices and semi-custom devices and application-specific standard products for analog, digital and mixed-signal applications. Co.'s reportable segments are as follows: Automotive and Discrete Group, which includes dedicated automotive integrated circuits (ICs) and discrete and power transistor products; Analog, Micro-Electro-Mechanical Systems (MEMS) and Sensors Group, which includes MEMS sensors and optical sensing solutions; and Microcontrollers and Digital ICs Group, which is comprised of microcontrollers.
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Company Name:  STMicroelectronics NV
Stock buyback:  STM buyback
Website:  www.st.com
Sector:  Semiconductors
Number of ETFs Holding STM:  15
Total Market Value Held by ETFs:  $2.43B
Total Market Capitalization:  $35.92B
% of Market Cap. Held by ETFs:  6.75%
 

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April 20, 2024    7:02 AM Eastern
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