Stellantis (IT:STLAM) has released an update.
Stellantis N.V. has actively pursued its share buyback program, acquiring 16.8 million shares at an average price of €13.8195 per share, amounting to €232 million in a single week. Since the program’s commencement on August 1, 2024, the company has purchased nearly 47.5 million shares, investing a total of €679 million. These buybacks are part of a plan to repurchase shares worth up to €1 billion by November 29, 2024, reflecting the company’s commitment to shareholder value.
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