STMicroelectronics Buys Back Shares Worth $23.1M
Ticker: STMEF · Form: 6-K · Filed: Jun 9, 2025 · CIK: 932787
| Field | Detail |
|---|---|
| Company | Stmicroelectronics N.V. (STMEF) |
| Form Type | 6-K |
| Filed Date | Jun 9, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-return, semiconductors
Related Tickers: STM
TL;DR
STM spent $23.1M buying its own stock last week, signaling confidence.
AI Summary
STMicroelectronics N.V. (STM) reported on June 9, 2025, the results of its share buy-back program for the week of June 2, 2025, to June 6, 2025. The company purchased a total of 1,100,000 shares at an average price of $21.00 per share, for a total expenditure of approximately $23.1 million.
Why It Matters
This buy-back activity indicates STMicroelectronics' confidence in its own valuation and its commitment to returning capital to shareholders, potentially supporting the stock price.
Risk Assessment
Risk Level: low — The filing is a routine report on share buy-back activity, with no new material risks disclosed.
Key Numbers
- $23.1M — Share Buy-back Expenditure (Total amount spent by STMicroelectronics on repurchasing its own shares between June 2 and June 6, 2025.)
- 1,100,000 — Shares Repurchased (Number of STMicroelectronics shares bought back during the specified period.)
Key Players & Entities
- STMicroelectronics N.V. (company) — Registrant
- June 9, 2025 (date) — Report date
- June 2, 2025 (date) — Start of buy-back period
- June 6, 2025 (date) — End of buy-back period
- 1,100,000 (number) — Number of shares purchased
- $21.00 (dollar_amount) — Average price per share
- $23.1 million (dollar_amount) — Total expenditure
FAQ
What was the total number of STMicroelectronics shares repurchased during the reporting period?
STMicroelectronics repurchased a total of 1,100,000 shares.
What was the average price paid per share for the repurchased shares?
The average price paid per share was $21.00.
What was the total amount spent on the share buy-back program for the week of June 2-6, 2025?
The total expenditure for the share buy-back program was approximately $23.1 million.
What is the period covered by this report of share trading activity?
The report covers the period from June 2, 2025, to June 6, 2025.
Is STMicroelectronics filing an annual report under Form 20-F or 40-F?
STMicroelectronics indicates it files annual reports under cover of Form 20-F.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 9, 2025 regarding STMicroelectronics N.V. (STMEF).