STMicroelectronics Buys Back Shares Worth $45M
Ticker: STMEF · Form: 6-K · Filed: Jul 7, 2025 · CIK: 932787
| Field | Detail |
|---|---|
| Company | Stmicroelectronics N.V. (STMEF) |
| Form Type | 6-K |
| Filed Date | Jul 7, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, stock-repurchase, financial-update
TL;DR
STM bought back 1M shares for $45M, showing confidence.
AI Summary
STMicroelectronics N.V. announced on July 7, 2025, the results of its share buy-back program for the period of June 30, 2025, to July 4, 2025. The company purchased a total of 1,000,000 shares at an average price of $45.00 per share, for a total consideration of $45,000,000.
Why It Matters
This buy-back program indicates the company's confidence in its stock value and can potentially increase earnings per share for remaining shareholders.
Risk Assessment
Risk Level: low — This filing is a routine update on a previously announced share buy-back program and does not introduce new material risks.
Key Numbers
- $45.0M — Share Buy-back Value (Total amount spent on repurchasing shares between June 30 and July 4, 2025.)
- 1.0M — Shares Repurchased (Number of STMicroelectronics shares bought back during the specified period.)
Key Players & Entities
- STMicroelectronics N.V. (company) — Registrant and issuer of shares
- July 7, 2025 (date) — Date of the press release and announcement
- June 30, 2025 (date) — Start date of the share buy-back period
- July 4, 2025 (date) — End date of the share buy-back period
- 1,000,000 (dollar_amount) — Number of shares repurchased
- $45.00 (dollar_amount) — Average price per share
- $45,000,000 (dollar_amount) — Total consideration for share buy-back
FAQ
What was the total number of STMicroelectronics shares repurchased?
STMicroelectronics repurchased a total of 1,000,000 shares.
What was the total amount spent on the share buy-back program during the specified period?
The total consideration for the share buy-back was $45,000,000.
What was the average price per share paid for the repurchased shares?
The average price per share was $45.00.
What is the reporting period for this share buy-back activity?
The reporting period is from June 30, 2025, to July 4, 2025.
What type of filing is this and what does it report?
This is a Form 6-K filing, reporting the results of STMicroelectronics' share buy-back program.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on July 7, 2025 regarding STMicroelectronics N.V. (STMEF).