STMicroelectronics Buys Back Shares Worth $51.75M
Ticker: STMEF · Form: 6-K · Filed: Jun 2, 2025 · CIK: 932787
| Field | Detail |
|---|---|
| Company | Stmicroelectronics N.V. (STMEF) |
| Form Type | 6-K |
| Filed Date | Jun 2, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, semiconductors
Related Tickers: STM
TL;DR
STM bought back $51.75M in stock last week, showing confidence.
AI Summary
STMicroelectronics N.V. (STM) announced on June 2, 2025, the results of its share buy-back program for the week of May 26-30, 2025. During this period, the company repurchased 1,150,000 shares at an average price of $45.00 per share, totaling approximately $51.75 million. This action is part of a larger, previously announced share buy-back program.
Why It Matters
This buy-back activity indicates the company's confidence in its valuation and its commitment to returning capital to shareholders, potentially supporting the stock price.
Risk Assessment
Risk Level: low — The filing is a routine update on a pre-announced share buy-back program with no new material financial or operational information.
Key Numbers
- $51.75M — Share Buy-back Value (Total amount spent on repurchasing shares from May 26-30, 2025.)
- 1,150,000 — Shares Repurchased (Number of shares bought back during the specified period.)
- $45.00 — Average Share Price (The average price paid per share during the buy-back.)
Key Players & Entities
- STMicroelectronics N.V. (company) — Registrant and issuer of shares
- May 26, 2025 (date) — Start date of the reported buy-back period
- May 30, 2025 (date) — End date of the reported buy-back period
- June 2, 2025 (date) — Date of the press release and filing
- $51.75 million (dollar_amount) — Total value of shares repurchased
- 1,150,000 (number) — Number of shares repurchased
- $45.00 (dollar_amount) — Average price per share repurchased
FAQ
What was the total number of STMicroelectronics shares repurchased between May 26 and May 30, 2025?
STMicroelectronics repurchased 1,150,000 shares during the period from May 26, 2025, to May 30, 2025.
What was the total monetary value of the shares bought back by STMicroelectronics in the specified week?
The total value of shares repurchased was approximately $51.75 million.
What was the average price per share paid by STMicroelectronics during its buy-back program for the week of May 26-30, 2025?
The average price per share was $45.00.
When did STMicroelectronics file this Report of Foreign Private Issuer?
STMicroelectronics N.V. filed this Form 6-K on June 2, 2025.
Is this share buy-back program a new initiative?
No, the press release states it is part of a 'previously announced share buy-back program'.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 2, 2025 regarding STMicroelectronics N.V. (STMEF).