Stellantis (IT:STLAM) has released an update.
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Stellantis N.V. has announced the launch of the third phase of its €3 billion Share Buyback Program, aiming to repurchase up to €1 billion of its shares between August 1 and November 29, 2024. The company plans to cancel most of the acquired shares, retaining some for employee stock plans, thereby reinforcing internal ownership without diluting shareholder value. The share buybacks will be conducted in accordance with market conditions and regulatory compliance, under the authorization granted by shareholders.
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