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SIG Upgrades STMicroelectronics to Buy

Fiscal.ai

SIG has upgraded STMicroelectronics to a "Buy" rating and announced a price target of $75.

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  1. Globenewswire IncStmicroelectronics N.V.

    STMicroelectronics announces status of common share repurchase program

    STMicroelectronics repurchased 492,285 ordinary shares (0.05% of issued share capital) between October 12-16, 2026 at a weighted average price of EUR 42.95 per share, totaling EUR 21.1 million. The repurchases were conducted on Euronext Paris to meet obligations from employee share option programs. The company now holds 16,422,388 treasury shares, representing approximately 1.8% of issued share capital.