Stellantis (IT:STLAM) has released an update.
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Stellantis N.V. has actively pursued its 2024 Share Buyback Program, repurchasing 10,234,319 common shares at an average price of €14.6426 each, amounting to a total spend of €149,856,750, as part of a larger initiative to buy back €1 billion worth of shares by November 29, 2024. The company now holds 112,798,709 common shares, representing 2.88% of the total issued share capital. These buyback activities form part of Stellantis’ commitment to enhancing shareholder value and are detailed on the company’s website.
For further insights into IT:STLAM stock, check out TipRanks’ Stock Analysis page.
