STMicroelectronics repurchased 388,226 of its ordinary shares on Euronext Paris between October 26 and 30, 2026, at an average price of €42.08 per share, totaling €16.3 million. This buyback is part of a program approved by shareholders to fulfill obligations related to employee and management share option plans. The company now holds approximately 1.9% of its share capital as treasury shares, which may be used for employee allocations or other lawful purposes. This move supports STMicroelectronics' ongoing commitment to incentivize employees and management through equity participation.
STMicroelectronics shares gained 3.38% on Pluang, trading at USD 48.32 as of Nov 02, 2026 20:12 WIB. The stock shows a market cap of $41.89 billion and a dividend yield of 0.77% at this time.
STMicroelectronics, a European chip maker and key supplier to SpaceX, forecasts strong revenue growth driven by rising demand for artificial intelligence data centers and satellite communications. This surge is linked to the expanding need for advanc...
STMicroelectronics reported a 17.9% year-over-year increase in Q3 2026 net revenues to $3.76 billion and net income of $291 million, driven by growth in consumer electronics and personal electronics segments. Gross margin improved to 37.3%, and opera...
