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Stellantis Completes €1 Billion Share Buyback

Stellantis N.V. (IT:STLAM) has released an update.

Stellantis N.V. has successfully completed the first tranche of its 2024 Share Buyback Program, acquiring a total of 41,094,781 shares for nearly €1 billion. The buyback, part of a market operation that started on February 28 and ended on April 29, 2024, has resulted in the company now holding 4.54% of its total issued share capital in treasury. Comprehensive transaction details are available on the company’s website in the Share Buyback Program section.

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

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