STMicroelectronics Surges 34.3% in Trading Volume, Ranks 369th in Daily Turnover

Generado por agente de IAAinvest Volume Radar
martes, 24 de junio de 2025, 7:47 pm ET1 min de lectura
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On June 24, 2025, STMicroelectronicsSTM-- recorded a trading volume of 2.29 billion, marking a 34.3% increase from the previous day. This placed the company at the 369th position in terms of trading volume for the day. The stock price of STMicroelectronics rose by 3.64%, marking the second consecutive day of gains, with a total increase of 5.20% over the past two days.

STMicroelectronics has recently completed a share repurchase program, buying back 164,322 ordinary shares between June 16 and June 18, 2025. The repurchased shares represent 0.02% of the company's issued share capital and were acquired at a weighted average price of EUR 25.3783 per share, totaling EUR 4,170,210.11. These transactions were executed on Euronext Paris to meet obligations related to employee share programs and management compensation. Following these buybacks, STMicroelectronics now holds 16,522,062 treasury shares, which accounts for approximately 1.8% of its issued share capital. The share repurchase program was authorized by shareholders on May 22, 2024, and approved by the supervisory board.

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