Stellantis Accelerates Share Buyback Program

Stellantis (IT:STLAM) has released an update.

Stellantis N.V. has actively progressed with its share buyback program, repurchasing a considerable volume of shares between August 16 and August 22, 2024. The third tranche of the program saw the automotive giant buying back over 4.3 million shares for nearly €64 million, as part of a larger initiative involving the acquisition of over 16.6 million shares at a value approaching €240 million. This strategic move aligns with Stellantis’ broader vision to boost shareholder value as outlined in its Dare Forward 2030 plan.

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