Transaction in Own Shares • Jul 27, 2017
Transaction in Own Shares
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PR N°. C2828C
Amsterdam – July 27, 2017 – STMicroelectronics N.V. (the "Company" or "STMicroelectronics") announces today the interim status of its common share repurchase program announced on June 22, 2017 for up to 19 million shares for an amount up to US\$ 297 million.
The Company announces that it has repurchased on the Mercato Telematico Azionario and other venues, in the period between June 30, 2017 and July 21, 2017, 11,295,799 Company ordinary shares (equal to 1.2% of the Company's share capital) at the weighted average purchase price of EUR 13.3892 per share for an overall purchase price of EUR 151,241,358.
Below is a summary of the repurchase transactions made in the course of the above mentioned period in aggregate and detailed form.
| Dates of transaction |
Number of shares purchased |
Total amount paid (EUR) |
Weighted average purchase price per share (EUR) |
Percentage of program completed |
Identification code of shares purchased (ISIN) |
Period average total volume on all venues (in number of shares) |
Market on which the shares were bought (MIC code) |
|---|---|---|---|---|---|---|---|
| June 30 – July 7 |
4,634,884 | 59,174,925 | 12.7673 | 24% | NL0000226223 | 56,692,768 | MTA, Turquoise, ChiX, Bats europe |
| July 10 – July 14 |
3,515,651 | 48,010,731 | 13.6563 | 43% | NL0000226223 | 50,521,814 | MTA, Turquoise, ChiX, Bats europe |
| July 17 – July 21 |
3,145,264 | 44,055,703 | 14.0070 | 59% | NL0000226223 | 49,641,944 | MTA, Turquoise, ChiX, Bats europe |
Aggregate Transactions
| Date of transaction |
Number of shares purchased |
Identification code of shares purchased (ISIN) |
Total amount paid (EUR) |
Currency | Name of the Investment Service Provider ("ISP") |
Weighted average of last 20 days Volumes on all venues (in shares) |
% of last 20 days Volumes on all venues |
|---|---|---|---|---|---|---|---|
| 6/30/2017 | 804,886 | NL0000226223 | 10,181,566 | EUR | Société Générale |
10,386,507 | 8% |
| 7/3/2017 | 819,276 | NL0000226223 | 10,422,256 | EUR | Société Générale |
10,602,850 | 8% |
| 7/4/2017 | 835,557 | NL0000226223 | 10,495,766 | EUR | Société Générale |
10,830,377 | 8% |
| 7/5/2017 | 466,035 | NL0000226223 | 5,875,909 | EUR | Société Générale |
10,899,202 | 4% |
| 7/6/2017 | 844,970 | NL0000226223 | 10,904,338 | EUR | Société Générale |
10,995,232 | 8% |
| 7/7/2017 | 864,160 | NL0000226223 | 11,295,090 | EUR | Société Générale |
11,243,610 | 8% |
| 7/10/2017 | 862,289 | NL0000226223 | 11,506,299 | EUR | Société Générale |
11,286,273 | 8% |
| 7/11/2017 | 803,505 | NL0000226223 | 10,908,866 | EUR | Société Générale |
10,563,592 | 8% |
| 7/12/2017 | 225,882 | NL0000226223 | 3,073,486 | EUR | Société Générale |
10,700,058 | 2% |
| 7/13/2017 | 813,505 | NL0000226223 | 11,321,061 | EUR | Société Générale |
10,777,135 | 8% |
| 7/14/2017 | 810,470 | NL0000226223 | 11,201,020 | EUR | Société Générale |
10,766,931 | 8% |
| 7/17/2017 | 765,530 | NL0000226223 | 10,714,664 | EUR | Société Générale |
10,342,665 | 7% |
| 7/18/2017 | 774,650 | NL0000226223 | 10,643,614 | EUR | Société Générale |
10,505,631 | 7% |
| 7/19/2017 | 74,430 | NL0000226223 | 1,033,453 | EUR | Société Générale |
10,534,775 | 1% |
| 7/20/2017 | 777,334 | NL0000226223 | 11,036,510 | EUR | Société Générale |
10,646,561 | 7% |
| 7/21/2017 | 753,320 | NL0000226223 | 10,627,462 | EUR | Société Générale |
10,304,664 | 7% |
Following the share buybacks detailed above the Company holds in total 32,787,296 treasury shares, which represents approximately 3.6% of the Company's issued share capital.
The Company will continue, until completion of its announced share buyback program, to repurchase up to 19 million shares for an amount up to US\$ 297 million.
ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST's products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.
By getting more from technology to get more from life, ST stands for life.augmented.
In 2016, the Company's net revenues were \$6.97 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.
Tait Sorensen Group VP, Investor Relations Tel: +1 602 485 2064 [email protected]
Alexis Breton Director, PR & Media Operations STMicroelectronics Tel: + 33 6 59 16 79 08 [email protected]
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