Stellantis (IT:STLAM) has released an update.
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Stellantis N.V. continues its aggressive share buyback program, repurchasing 3.8 million shares between August 23 and August 29, 2024, amounting to a total expenditure of €57 million. This brings the total shares bought back since August 1 to over 20 million, costing nearly €300 million, as the company aims to bolster shareholder value. These shares now represent 2.62% of Stellantis’ total issued share capital.
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