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Stellantis Completes €1 Billion Share Buyback

Stellantis Completes €1 Billion Share Buyback

Stellantis (IT:STLAM) has released an update.

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Stellantis N.V. has successfully completed the second tranche of its 2024 Share Buyback Program on schedule, acquiring 51,025,628 common shares with a total spend of €1 billion. The detailed transactions between June 21 and June 26, 2024, resulted in a treasury holding of 81,500,174 common shares, representing 2.10% of the total issued share capital. These buyback activities and their specifics can be accessed on the Stellantis corporate website.

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

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