STMicroelectronics proposes CEO renewal: what it means for STMicroelectronics stock

On October 13, 2026, STMicroelectronics announced that its Supervisory Board had asked President and CEO Jean-Marc Chery to be available for reappointment for an additional year. Chery accepted the proposal, which the board plans to submit to shareholders at the 2027 annual general meeting. The announcement was published by GlobeNewswire.

Market context: Market report CAC 40.

Weekend trading

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Recent company announcements

In a separate October 12, 2026 disclosure, STMicroelectronics said it had repurchased 346,538 ordinary shares during the period from October 5, 2026, to October 9, 2026. The shares represented 0.04% of issued share capital and were bought at a weighted average price of EUR 49.2425 for a total of EUR 17,064,401.16. The disclosure stated that the purchases were made on Euronext Paris and were intended to meet obligations under share option or other share allocation programs. The company said it held 15,930,103 treasury shares after the transactions. The release was distributed by GlobeNewswire.

Dates ahead

STMicroelectronics said on October 5, 2026, that it will publish its third-quarter 2026 financial results before European trading opens on October 29, 2026. The company scheduled a conference call for 9:30 a.m. Central European Time on that date, with a webcast available through its investor-relations website. The timing was announced in the company’s newsroom.

The next Xetra session is scheduled for October 19, 2026.