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Stellantis Completes €1 Billion Share Buyback

Stellantis (IT:STLAM) has released an update.

Stellantis N.V. has successfully completed the final tranche of its 2024 Share Buyback Program, reaching a total expenditure of €999,999,880 to repurchase 72,041,332 common shares since August 1, 2024. As of October 2, 2024, Stellantis holds 3.95% of its issued share capital in treasury, marking a significant step in the company’s financial strategy. Investors and stakeholders are directed to the Stellantis website for a detailed transaction overview under the Share Buyback Program section.

For further insights into IT:STLAM stock, check out TipRanks’ Stock Analysis page.

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