Stellantis announces EUR 1.5B share buyback

Stellantis board of directors approved a share buyback program of up to EUR 1.5B, to be executed on the market with the intent to cancel the common shares acquired through the share buyback program. The shares will be purchased over a period ending December 31 on NYSE / Euronext Milan / Euronext Paris. The opportunity to initiate the buyback program stems from the company’s significant cash flow generation and strong balance sheet. These factors enable the company to ensure adequate liquidity to manage a wide variety of economic and market backdrops, while simultaneously facilitating attractive capital returns to shareholders.