Buyback Program

STMicroelectronics completed the repurchase of 20 million shares of its common stock under its share buy-back program announced on June 26, 2014. The shares were repurchased between July 7 and November 10, 2014 on the Borsa Italiana Stock Exchange in open market transactions for a total of about $156 million. The repurchased shares will be held as treasury shares and used to cover employee stock award plans under ST's long term incentive plans. Click here for details of the share repurchases pursuant to the now completed buy-back program.

On July 27, 2017 STMicroelectronics announced 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. Click here for details of the share repurchases pursuant to this interim status of the buy-back program.

On August 1, 2017 STMicroelectronics announced 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 28, 2017, 15,036,059 Company ordinary shares (equal to 1.7% of the Company’s share capital) at the weighted average purchase price of EUR 13.6421 per share for an overall purchase price of EUR 205,123,153. Click here for details of the share repurchases pursuant to this second interim status of the buy-back program.

On August 7, 2017 STMicroelectronics announced 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 August 4, 2017, 18,583,783 Company ordinary shares (equal to 2% of the Company's share capital) at the weighted average purchase price of EUR 13.8040 per share for an overall purchase price of EUR 256,529,883. Click here for details of the share repurchases pursuant to this third interim status of the buy-back program.

On August 7, 2017 STMicroelectronics announced that it has completed the repurchase of approximately 18.6 million shares of its common stock for an amount of $297 million under its share buy-back program announced on June 22, 2017. The shares were repurchased between June 30, 2017 and August 4, 2017 on the Mercato Telematico Azionario and other venues in open market transactions for a total of $297 million. The repurchased shares will be held as treasury shares and used to meet obligations arising from debt financial instruments that are exchangeable into equity instruments and to meet obligations arising from share award programmes. Following the completion of such share buy-back programme, STMicroelectronics holds in total 40,742,409 treasury shares, which represent approximately 4.5% of the issued share capital of STMicroelectronics. Click here for details of the share repurchases pursuant to the now completed buy-back program.