STMicroelectronics Reports Share Buy-Back Program Activity
Ticker: STMEF · Form: 6-K · Filed: Oct 21, 2024 · CIK: 932787
| Field | Detail |
|---|---|
| Company | Stmicroelectronics N.V. (STMEF) |
| Form Type | 6-K |
| Filed Date | Oct 21, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, foreign-issuer
Related Tickers: STM
TL;DR
STM bought back its own shares in October, part of a larger program.
AI Summary
STMicroelectronics N.V. (STM) reported on October 21, 2024, the results of its share buy-back program. The company traded in its own shares as part of this program, which was previously announced. This 6-K filing covers the month of October 2024.
Why It Matters
This filing provides transparency on STMicroelectronics' capital allocation strategy and its ongoing efforts to return value to shareholders through share repurchases.
Risk Assessment
Risk Level: low — The filing is a routine report on share buy-back activity and does not introduce new material risks.
Key Players & Entities
- STMicroelectronics N.V. (company) — Registrant
- STM (company) — Abbreviation for STMicroelectronics N.V.
- October 21, 2024 (date) — Date of press release
- October 2024 (date) — Reporting period
FAQ
What is the purpose of this Form 6-K filing?
This Form 6-K filing is a report of foreign private issuer for the month of October 2024, specifically announcing the results of trading in STMicroelectronics' own shares as part of a previously announced share buy-back program.
What is the Commission File Number for STMicroelectronics N.V.?
The Commission File Number for STMicroelectronics N.V. is 1-13546.
Does STMicroelectronics file annual reports under Form 20-F or Form 40-F?
STMicroelectronics files its annual reports under cover of Form 20-F.
What is the principal executive office address of STMicroelectronics N.V.?
The principal executive offices are located at WTC Schiphol Airport, Schiphol Boulevard 265, 1118 BH Schiphol Airport, The Netherlands.
What specific activity is being reported for October 2024?
The filing reports on the results of trading in STMicroelectronics' own shares as part of its previously announced share buy-back program for the period from October 14, 2024.
Filing Stats: 722 words · 3 min read · ~2 pages · Grade level 9.9 · Accepted 2024-10-21 16:15:26
Filing Documents
- ss4015120_6k.htm (6-K) — 26KB
- image_001.jpg (GRAPHIC) — 19KB
- image_002.jpg (GRAPHIC) — 3KB
- 0000947871-24-000811.txt ( ) — 56KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. STMicroelectronics N.V. Date: October 21, 2024 By: /s/ Lorenzo Grandi Name: Lorenzo Grandi Title: Chief Financial Officer President, Finance, Purchasing, ERM and Resilience