STM Buys Back Shares Worth $44.9M
Ticker: STMEF · Form: 6-K · Filed: May 27, 2025 · CIK: 932787
| Field | Detail |
|---|---|
| Company | Stmicroelectronics N.V. (STMEF) |
| Form Type | 6-K |
| Filed Date | May 27, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return
TL;DR
STM spent $44.9M buying its own stock last week, part of a bigger buyback plan.
AI Summary
STMicroelectronics N.V. (STM) announced the results of its share buy-back program for the week of May 19, 2025, to May 23, 2025. The company purchased a total of 1,020,000 shares at an average price of $44.00 per share, for a total cost of approximately $44.9 million. This activity is part of a previously announced share buy-back program.
Why It Matters
This buy-back activity indicates the company is returning capital to shareholders and potentially views its stock as undervalued, which can be a positive signal for investors.
Risk Assessment
Risk Level: low — The filing is a routine report on share buy-back activity and does not contain new material risks.
Key Numbers
- $44.9M — Share Buy-back Cost (Total amount spent by STM on repurchasing its own shares during the specified week.)
- 1.02M — Shares Repurchased (Number of STMicroelectronics shares bought back during the reporting period.)
Key Players & Entities
- STMicroelectronics N.V. (company) — Registrant
- May 19, 2025, to May 23, 2025 (date) — Share buy-back period
- 1,020,000 (dollar_amount) — Number of shares purchased
- $44.00 (dollar_amount) — Average price per share
- $44.9 million (dollar_amount) — Total cost of shares purchased
FAQ
What was the total number of STMicroelectronics shares repurchased during the week of May 19-23, 2025?
STMicroelectronics repurchased 1,020,000 shares during the week of May 19, 2025, to May 23, 2025.
What was the total amount spent by STMicroelectronics on its share buy-back program for the week of May 19-23, 2025?
The company spent approximately $44.9 million on its share buy-back program during the week of May 19, 2025, to May 23, 2025.
What was the average price per share paid by STMicroelectronics for its repurchased shares?
The average price paid per share was $44.00.
Is this share buy-back activity part of a new program or a previously announced one?
This activity is part of a previously announced share buy-back program.
What is the filing type and the period it covers?
This is a Form 6-K, reporting for the month of May 2025, specifically detailing activity from May 19-23, 2025.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 27, 2025 regarding STMicroelectronics N.V. (STMEF).