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STMicroelectronics N.V.

STMicroelectronics N.V.

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Publicatie datum 10 nov 2014 - 22:35
Statutaire naam STMicroelectronics N.V.
Titel STMicroelectronics Completes Share Buy-back Program
Bericht Geneva – November 10, 2014 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it has completed the repurchase of 20 million shares of its common stock under its share buy-back program announced on June 26, 2014. The shares were repurchased between July 7 and November 10, 2014 on the Borsa Italiana Stock Exchange in open market transactions for a total of about $156 million. The repurchased shares will be held as treasury shares and used to cover employee stock award plans under ST's long term incentive plans. Details of the share repurchases pursuant to the now completed buy-back program are available on ST’s website at the following address: http://investors.st.com.