STMicroelectronics Buys Back Shares
Ticker: STMEF · Form: 6-K · Filed: May 5, 2025 · CIK: 932787
| Field | Detail |
|---|---|
| Company | Stmicroelectronics N.V. (STMEF) |
| Form Type | 6-K |
| Filed Date | May 5, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, semiconductors
Related Tickers: STM
TL;DR
STM bought back $23.1M in stock last week, showing confidence.
AI Summary
STMicroelectronics N.V. (STM) reported on May 5, 2025, the results of its share buy-back program for the period of April 28, 2025, to May 2, 2025. The company repurchased a total of 1,100,000 shares at an average price of $21.00 per share, for a total cost of approximately $23.1 million.
Why It Matters
This buy-back activity indicates the company's confidence in its valuation and its commitment to returning capital to shareholders.
Risk Assessment
Risk Level: low — This filing is a routine report on share buy-back activity and does not introduce new material risks.
Key Numbers
- $23.1M — Share Buy-Back Cost (Total amount spent on repurchasing shares between April 28 and May 2, 2025.)
- 1,100,000 — Shares Repurchased (Number of shares bought back during the specified period.)
Key Players & Entities
- STMicroelectronics N.V. (company) — Registrant
- STM (company) — Abbreviation for STMicroelectronics N.V.
- April 28, 2025 (date) — Start of buy-back period
- May 2, 2025 (date) — End of buy-back period
- May 5, 2025 (date) — Date of press release
- 1,100,000 (number) — Number of shares repurchased
- $21.00 (dollar_amount) — Average price per share
- $23.1 million (dollar_amount) — Total cost of buy-back
FAQ
What was the total number of STMicroelectronics' own shares traded as part of the buy-back program during the specified period?
STMicroelectronics traded 1,100,000 of its own shares.
What was the average price per share for the repurchased shares?
The average price per share was $21.00.
What was the total monetary value of the share buy-back program for the period of April 28, 2025, to May 2, 2025?
The total cost was approximately $23.1 million.
What is the filing date of this Report of Foreign Private Issuer?
The filing date is May 5, 2025.
Under which SEC rule is this report filed?
This report is filed pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 5, 2025 regarding STMicroelectronics N.V. (STMEF).