Geneva - August 7, 2017 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it has completed the repurchase of approximately 18.6 million shares of its common stock for an amount of $297 million under its share buy-back program announced on June 22, 2017.
The shares were repurchased between June 30, 2017 and August 4, 2017 on the Mercato Telematico Azionario and other venues in open market transactions for a total of $297 million. The repurchased shares will be held as treasury shares and used to meet obligations arising from debt financial instruments that are exchangeable into equity instruments and to meet obligations arising from share award programmes.
Following the completion of such share buy-back programme, STMicroelectronics holds in total 40,742,409 treasury shares, which represent approximately 4.5% of the issued share capital of STMicroelectronics.
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.
About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST's products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.
By getting more from technology to get more from life, ST stands for life.augmented.
In 2016, the Company's net revenues were $6.97 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Tait Sorensen
Group VP, Investor Relations
Tel: +1 602 485 2064
[email protected]
MEDIA RELATIONS:
Alexis Breton
Director, PR & Media Operations
STMicroelectronics
Tel: + 33 6 59 16 79 08
[email protected]
Attachments:
http://www.globenewswire.com/NewsRoom/AttachmentNg/7bf86ba8-bb3b-4cc7-8c4c-cc0ca7ac8622


Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG
Ford Issues Major Recall on Over 422,000 Vehicles Due to Windshield Wiper Defect
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts
Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts
UPS and Teamsters Reach Agreement to Limit Driver Severance Program
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand
Britain Courts Anthropic Amid US Defense Department Dispute
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs 



