Stellantis (IT:STLAM) has released an update.
Stellantis N.V. has actively continued its Share Buyback Program, repurchasing 6,630,139 common shares between June 7 and June 13, 2024, for a total investment of €132,110,936. This recent transaction is part of a larger initiative that started on May 23, 2024, with the goal to buy back €1 billion worth of shares by August 30, 2024. The company’s strategic efforts aim to enhance shareholder value as it also progresses towards its ‘Dare Forward 2030’ plan, committing to carbon net-zero goals.
For further insights into IT:STLAM stock, check out TipRanks’ Stock Analysis page.
