Press Release: STMicroelectronics Announces Status ofCommon Share Repurchase Program

PR NdegC2979C

STMicroelectronics Announces Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares Period from Jan 11, 2021 to
Jan 15, 2021

AMSTERDAM January 18, 2021 STMicroelectronics N.V. (the "Company"
or "STMicroelectronics"), a global semiconductor leader serving
customers across the spectrum of electronics applications, announces
full details of its common share repurchase program (the "Program")
disclosed via a press release dated November 5, 2018. The Program was
approved by a shareholder resolution dated May 31, 2018 and by the
supervisory board.

STMicroelectronics N.V. (registered with the trade register under number
33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: "STM") announces the
repurchase (by a broker acting for the Company) on the regulated market
of Euronext Paris, in the period between January 11, 2021 to January 15,
2021 (the "Period"), of 305,105 ordinary shares (equal to 0.03% of its
issued share capital) at the weighted average purchase price per share
of EUR 33.5146 and for an overall price of EUR 10,225,465.28.

Below is a summary of the repurchase transactions made in the course of
the Period in relation to the ordinary shares of STM (ISIN:
NL0000226223), in detailed form.

Transactions in Period




Weighted Market on
average which the
Number of purchase shares were
Dates of share price per Total amount bought (MIC
transaction purchased share (EUR) paid (EUR) code)

Jan 11, 2021 61,119 33.4090 2,041,924.67 XPAR

Jan 12, 2021 60,744 33.6751 2,045,560.27 XPAR

Jan 13, 2021 60,609 33.6191 2,037,620.03 XPAR

Jan 14, 2021 60,718 33.7591 2,049,785.03 XPAR

Jan 15, 2021 61,915 33.1192 2,050,575.27 XPAR

Total for
Period 305,105 33.5146 10,225,465.28





Following the share buybacks detailed above, the Company holds in total
6,498,141 treasury shares, which represents approximately 0.7% of the
Company's issued share capital.

In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the
Market Abuse Regulation) and Article 2(3) of Commission Delegated
Regulation (EU) 2016/1052, a full breakdown of the individual trades in
the Program are disclosed on the ST website
(https://investors.st.com/buyback-program).

About STMicroelectronics

At ST, we are 46,000 creators and makers of semiconductor technologies
mastering the semiconductor supply chain with state-of-the-art
manufacturing facilities. An independent device manufacturer, we work
with our 100,000 customers and thousands of partners to design and build
products, solutions, and ecosystems that address their challenges and
opportunities, and the need to support a more sustainable world. Our
technologies enable smarter mobility, more efficient power and energy
management, and the wide-scale deployment of the Internet of Things and
5G technology.

Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:

Céline Berthier

Group VP, Investor Relations

Tel : +41.22.929.58.12

celine.berthier@st.com
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MEDIA RELATIONS:

Alexis Breton

Corporate External Communications

Tel: + 33 6 59 16 79 08

alexis.breton@st.com
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Attachment


C2979C -ST Disclosure of transactions in Own Shares PR 18 January
2021 FINAL FOR PUBLICATION
https://ml-eu.globenewswire.com/Resource/Download/2d7fc5bc-43ec-436e-81e5-243b8c1b787c








(END) Dow Jones Newswires

January 18, 2021 08:30 ET ( 13:30 GMT)