Weekly Report (August 1-8, 2024) Third Tranche of Stellantis 2024 Share Buyback Program
Stellantis N.V. (STLA) has reported on the progress of its Third Tranche of the 2024 Share Buyback Program, which was announced on August 1, 2024. The program aims to repurchase up to €1 billion worth of common shares in the open market between August 1 and November 29, 2024. From August 1 to August 8, 2024, Stellantis repurchased a total of 7,087,909 common shares for a total consideration of €102,623,538, at an average price of €14.4787 per share. As of August 8, 2024, the company held 88,588,083 common shares in treasury, representing 2.28% of the total issued share capital. The buyback transactions were executed across multiple venues, including CEUX, MILE, and TQEX.
Stellantis N.V. (STLA) ha comunicato i progressi della sua Terza Tranche del Programma di Riacquisto Azioni 2024, annunciato l'1 agosto 2024. Il programma prevede il riacquisto di azioni ordinarie per un valore complessivo di 1 miliardo di euro sul mercato aperto tra l'1 agosto e il 29 novembre 2024. Dal 1 agosto all'8 agosto 2024, Stellantis ha riacquistato un totale di 7.087.909 azioni ordinarie per un corrispettivo totale di 102.623.538 euro, con un prezzo medio di 14,4787 euro per azione. A partire dall'8 agosto 2024, l'azienda deteneva 88.588.083 azioni ordinarie in tesoreria, equivalenti al 2,28% del capitale azionario emesso. Le transazioni di riacquisto sono state eseguite in diversi mercati, tra cui CEUX, MILE e TQEX.
Stellantis N.V. (STLA) ha informado sobre los avances de su Tercera Tramo del Programa de Recompra de Acciones 2024, que fue anunciado el 1 de agosto de 2024. El programa tiene como objetivo recomprar hasta 1.000 millones de euros en acciones ordinarias en el mercado abierto entre el 1 de agosto y el 29 de noviembre de 2024. Desde el 1 hasta el 8 de agosto de 2024, Stellantis recompró un total de 7.087.909 acciones ordinarias por un total de 102.623.538 euros, a un precio promedio de 14,4787 euros por acción. A partir del 8 de agosto de 2024, la compañía poseía 88.588.083 acciones ordinarias en tesorería, lo que representa el 2,28% del capital social total emitido. Las transacciones de recompra se llevaron a cabo en múltiples mercados, incluyendo CEUX, MILE y TQEX.
스텔란티스 N.V. (STLA)는 2024년 주식 재매입 프로그램의 제3차 트랑시에 대한 진행 상황을 보고했습니다. 이 프로그램은 2024년 8월 1일에 발표되었습니다. 프로그램의 목적은 2024년 8월 1일부터 11월 29일까지 공개 시장에서 최대 10억 유로의 보통주를 재매입하는 것입니다. 2024년 8월 1일부터 8일까지 스텔란티스는 총 7,087,909주를 재매입하였으며, 총 102,623,538 유로의 대가를 지불했습니다. 평균 주가는 주당 14.4787 유로입니다. 2024년 8월 8일 기준으로 회사는 88,588,083주의 보통주를 보유하고 있으며, 이는 총 발행 주식 자본의 2.28%를 차지합니다. 재매입 거래는 CEUX, MILE 및 TQEX를 포함한 여러 거래소에서 실행되었습니다.
Stellantis N.V. (STLA) a fait rapport sur les progrès de sa Troisième Tranche du Programme de Rachat d'Actions 2024, qui a été annoncé le 1er août 2024. Ce programme vise à racheter jusqu'à 1 milliard d'euros d'actions ordinaires sur le marché libre entre le 1er août et le 29 novembre 2024. Du 1er août au 8 août 2024, Stellantis a racheté un total de 7.087.909 actions ordinaires pour un montant total de 102.623.538 euros, à un prix moyen de 14,4787 euros par action. Au 8 août 2024, la société détenait 88.588.083 actions ordinaires en trésorerie, représentant 2,28% du capital social total émis. Les opérations de rachat ont été effectuées sur plusieurs lieux, notamment CEUX, MILE et TQEX.
Stellantis N.V. (STLA) hat über den Fortschritt seiner dritten Tranche des Aktienrückkaufprogramms 2024 berichtet, das am 1. August 2024 angekündigt wurde. Ziel des Programms ist der Rückkauf von bis zu 1 Milliarde Euro an Stammaktien am offenen Markt zwischen dem 1. August und dem 29. November 2024. Vom 1. August bis zum 8. August 2024 kaufte Stellantis insgesamt 7.087.909 Stammaktien für insgesamt 102.623.538 Euro88.588.083 Stammaktien im Treasury, was 2,28% des gesamten ausgegebenen Aktienkapitals entspricht. Die Rückkauftransaktionen wurden an mehreren Handelsplätzen durchgeführt, darunter CEUX, MILE und TQEX.
- Stellantis is executing a significant €1 billion share buyback program, demonstrating confidence in the company's value
- The company has already repurchased over €102 million worth of shares in just one week
- The average purchase price of €14.4787 per share may represent good value for the company if the stock price appreciates
- The share buyback program may reduce the company's cash reserves, potentially affecting its financial flexibility
- The allocation of €1 billion to share buybacks could limit funds available for other strategic investments or growth initiatives
Weekly Report (August 1-8, 2024) Third Tranche of Stellantis 2024 Share Buyback Program
AMSTERDAM, August 9, 2024 - Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant to its Third Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to
| Date | Number of Shares Repurchased | Average Market Purchase Price in € per share | Repurchased Volume in € (excluding fees) | Venues |
| 01/08/2024 | 200,000 | CEUX | ||
| 01/08/2024 | 850,000 | MILE | ||
| 01/08/2024 | 50,000 | TQEX | ||
| 02/08/2024 | 250,000 | CEUX | ||
| 02/08/2024 | 1,033,000 | MILE | ||
| 02/08/2024 | 50,000 | TQEX | ||
| 05/08/2024 | 150,000 | CEUX | ||
| 05/08/2024 | 1,010,000 | MILE | ||
| 05/08/2024 | 40,000 | TQEX | ||
| 06/08/2024 | 100,000 | CEUX | ||
| 06/08/2024 | 1,117,909 | MILE | ||
| 07/08/2024 | 1,015,000 | MILE | ||
| 08/08/2024 | 300,000 | CEUX | ||
| 08/08/2024 | 922,000 | MILE | ||
| Total | 7,087,909 |
Since August 1, 2024 up to and including August 8, 2024, the Company has purchased a total of 7,087,909 common shares for a total consideration of
As of August 8, 2024, the Company held in treasury No. 88,588,083 common shares equal to
A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Stellantis’ corporate website under the Share Buyback Program Section www.stellantis.com/en/investors/stock-and-shareholder-info/share-buyback-program.
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About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com
 | @Stellantis |  | Stellantis |  | Stellantis |  | Stellantis | |
| For more information, contact: communications@stellantis.com www.stellantis.com | ||||||||
FORWARD-LOOKING STATEMENTS
This communication contains forward-looking statements. In particular, statements regarding future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, future financial and operating results, the anticipated closing date for the proposed transaction and other anticipated aspects of our operations or operating results are forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on Stellantis’ current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them.
Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the ability of Stellantis to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; Stellantis’ ability to successfully manage the industry-wide transition from internal combustion engines to full electrification; Stellantis’ ability to offer innovative, attractive products and to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; Stellantis’ ability to produce or procure electric batteries with competitive performance, cost and at required volumes; Stellantis’ ability to successfully launch new businesses and integrate acquisitions; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in Stellantis’ vehicles; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in Stellantis’ vehicles; changes in local economic and political conditions; changes in trade policy, the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency requirements and reduced greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; Stellantis’ ability to attract and retain experienced management and employees; exposure to shortfalls in the funding of Stellantis’ defined benefit pension plans; Stellantis’ ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the operations of financial services companies; Stellantis’ ability to access funding to execute its business plan; Stellantis’ ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with Stellantis’ relationships with employees, dealers and suppliers; Stellantis’ ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; risks and other items described in Stellantis’ Annual Report on Form 20-F for the year ended December 31, 2023 and Current Reports on Form 6-K and amendments thereto filed with the SEC; and other risks and uncertainties.
Any forward-looking statements contained in this communication speak only as of the date of this document and Stellantis disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis’ financial results, is included in Stellantis’ reports and filings with the U.S. Securities and Exchange Commission and AFM.
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