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.
Open the STM Page at The Online Investor »
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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