0
Wireless

STMicroelectronics completes EUR 297 mln share buyback

Monday 7 August 2017 | 09:31 CET | News
French-Italian chipmaker STMicroelectronics (ST) has completed the repurchase of around 18.6 million shares of its common stock for a total of USD 297 million under the share buy-back programme it announced on 22 June. The company said 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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: STMicroelectronics
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

STMicroelectronics CEO, CFO to step down after AGM

Published 25 Jan 2018 08:57 CET | World
STMicroelectronics has announced a new CEO as well as the resignation of its CFO. Deputy CEO Jean-Marc Chery will take over from ...

STMicroelectronics triples profit on continued solid margin in Q3

Published 26 Oct 2017 09:52 CET | World
STMicroelectronics reported revenues for the third quarter up almost 19 percent from the year before to USD 2.14 billion, passing ...

STMicroelectronics launches partner programme

Published 31 Aug 2017 15:20 CET | World
French-Italian chipmaker STMicroelectronics (ST) has launched a partner programme designed to connect its customers with ...

STMicroelectronics receives EUR 500 mln EIB loan - report

Published 29 Aug 2017 14:56 CET | France
French-Italian chipmaker STMicroelectronics has received a EUR 500 million loan from the European Investment Bank (EIB) to help ...

STMicroelectronics profit leaps on strong gross margin in Q2

Published 26 Jul 2017 09:31 CET | World
STMicroelectronics CEO Carlo Bozotti said second quarter results came in above the mid-point of the company's guidance, with ...

STMicroelectronics issues USD 1.5 bln bond offering

Published 23 Jun 2017 08:48 CET | World
French-Italian chipmaker STMicroelectronics (ST) has announced a USD 1.5 billion dual-tranche offering of convertible senior ...





Calendar   /   Industry Events

01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
01 Dec 5G Italy
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
::: More Calendar Items