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Stellantis Advances Share Buyback Strategy
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Stellantis Advances Share Buyback Strategy

Stellantis (IT:STLAM) has released an update.

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Stellantis N.V. has actively pursued its share buyback program, repurchasing a total of 6,792,123 common shares at an average price of €13,5905 each, amounting to €92,308,557, during the week of September 20-26, 2024. Since August 1, the company has acquired 59,238,528 shares for €838,749,422, now holding 3.62% of its issued share capital in treasury. This move aligns with the company’s strategic financial objectives and signals a continued commitment to enhancing shareholder value.

For further insights into IT:STLAM stock, check out TipRanks’ Stock Analysis page.

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