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Weekly Report (August 16-22, 2024) Third Tranche of Stellantis 2024 Share Buyback Program

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Stellantis N.V. (STLA) has reported on its Third Tranche of the 2024 Share Buyback Program for the week of August 16-22, 2024. The company repurchased 4,344,607 common shares at an average price of €14.7074 per share, totaling €63,897,709. Since the program's inception on August 1, 2024, Stellantis has bought back 16,663,795 shares for a total of €239,975,477. As of August 22, 2024, the company held 98,163,969 treasury shares, representing 2.52% of its total issued share capital. This buyback is part of a larger €1 billion program scheduled to run until November 29, 2024.

Stellantis N.V. (STLA) ha comunicato informazioni riguardanti la Terza Tranche del Programma di Riacquisto Azioni 2024 per la settimana dal 16 al 22 agosto 2024. L'azienda ha riacquistato 4.344.607 azioni ordinarie a un prezzo medio di €14.7074 per azione, per un totale di €63.897.709. Dalla sua attivazione il 1° agosto 2024, Stellantis ha riacquistato 16.663.795 azioni per un importo totale di €239.975.477. Al 22 agosto 2024, l'azienda deteneva 98.163.969 azioni proprie, equivalenti al 2,52% del suo capitale sociale totale. Questo riacquisto fa parte di un programma più ampio di €1 miliardo previsto fino al 29 novembre 2024.

Stellantis N.V. (STLA) ha informado sobre su Tercera Tranche del Programa de Recompra de Acciones 2024 para la semana del 16 al 22 de agosto de 2024. La compañía recompró 4.344.607 acciones ordinarias a un precio promedio de €14.7074 por acción, totalizando €63.897.709. Desde el inicio del programa el 1 de agosto de 2024, Stellantis ha recomprado 16.663.795 acciones por un total de €239.975.477. Al 22 de agosto de 2024, la compañía poseía 98.163.969 acciones en tesorería, lo que representa el 2,52% de su capital social total. Esta recompra es parte de un programa más amplio de €1 mil millones que se llevará a cabo hasta el 29 de noviembre de 2024.

스텔란티스 N.V. (STLA)는 2024년 주식 매입 프로그램의 제3분기에 대한 보고서를 2024년 8월 16일부터 22일 주간에 발표했습니다. 회사는 4,344,607주의 보통주를 주당 평균 €14.7074에 재매입하여 총 €63,897,709에 달했습니다. 프로그램이 2024년 8월 1일 시작된 이후로 스텔란티스는 16,663,795주를 총 €239,975,477에 재매입했습니다. 2024년 8월 22일 현재 회사는 98,163,969주의 자사주식을 보유하고 있으며, 이는 발행된 총 주식 자본의 2.52%를 차지합니다. 이번 재매입은 2024년 11월 29일까지 진행될 €10억 규모의 더 큰 프로그램의 일환입니다.

Stellantis N.V. (STLA) a communiqué sur sa Troisième Tranche du Programme de Rachat d'Actions 2024 pour la semaine du 16 au 22 août 2024. L'entreprise a racheté 4.344.607 actions ordinaires à un prix moyen de €14.7074 par action, totalisant €63.897.709. Depuis le début du programme le 1er août 2024, Stellantis a racheté 16.663.795 actions pour un total de €239.975.477. Au 22 août 2024, l'entreprise détenait 98.163.969 actions propres, représentant 2,52% de son capital social total. Ce rachat s'inscrit dans un programme plus large de 1 milliard d'euros prévu jusqu'au 29 novembre 2024.

Stellantis N.V. (STLA) hat über die dritte Tranche des Aktienrückkaufprogramms 2024 für die Woche vom 16. bis 22. August 2024 berichtet. Das Unternehmen hat 4.344.607 Stammaktien zu einem durchschnittlichen Preis von €14.7074 pro Aktie zurückgekauft, was insgesamt €63.897.709 ergibt. Seit dem Beginn des Programms am 1. August 2024 hat Stellantis 16.663.795 Aktien für insgesamt €239.975.477 zurückgekauft. Am 22. August 2024 hielt das Unternehmen 98.163.969 eigene Aktien, was 2,52% des gesamten ausgegebenen Aktienkapitals entspricht. Dieser Rückkauf ist Teil eines größeren Programms im Umfang von €1 Milliarde, das bis zum 29. November 2024 laufen soll.

Positive
  • Stellantis is executing a significant €1 billion share buyback program, demonstrating confidence in its financial position
  • The company has already repurchased €239,975,477 worth of shares since August 1, 2024, showing strong progress in the program
  • The buyback program may potentially increase shareholder value by reducing the number of outstanding shares
Negative
  • The share buyback program represents a significant cash outflow, which could potentially be used for other strategic investments or operations

Weekly Report (August 16-22, 2024) Third Tranche of Stellantis 2024 Share Buyback Program

AMSTERDAM, August 23, 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 €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024, it has repurchased the following common shares in the period between August 16 up to and including August 22, 2024:

DateNumber of Shares RepurchasedAverage Market Purchase Price in € per share Repurchased Volume in € (excluding fees)Venues
16/08/2024225 000€14,4731€3 256 451CEUX
16/08/2024845 000€14,4561€12 215 440MILE
19/08/2024148 712€14,5509€2 163 899CEUX
19/08/2024399 045€14,5268€5 796 842MILE
20/08/2024100 000€14,8240€1 482 402CEUX
20/08/2024465 000€14,8186€6 890 648MILE
21/08/2024214 500€14,8723€3 190 109CEUX
21/08/2024703 500€14,8720€10 462 476MILE
22/08/2024200 000€14,8366€2 967 320CEUX
22/08/20241 043 850€14,8222€15 472 123MILE
Total4 344 607€14,7074€63 897 709 

Since August 1, 2024 up to and including August 22, 2024, the Company has purchased a total of 16,663,795 common shares for a total consideration of € 239,975,477.

As of August 22, 2024, the Company held in treasury No. 98,163,969 common shares equal to 2.52% of the total issued share capital including the common shares and the special voting shares.

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

@StellantisStellantisStellantisStellantis
 

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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FAQ

How many shares did Stellantis (STLA) repurchase between August 16-22, 2024?

Stellantis repurchased 4,344,607 common shares between August 16-22, 2024, as part of its Third Tranche of the 2024 Share Buyback Program.

What is the total value of shares repurchased by Stellantis (STLA) from August 1 to August 22, 2024?

From August 1 to August 22, 2024, Stellantis has repurchased a total of 16,663,795 common shares for a total consideration of €239,975,477.

What percentage of Stellantis' (STLA) total issued share capital does the company hold in treasury as of August 22, 2024?

As of August 22, 2024, Stellantis held 98,163,969 common shares in treasury, equal to 2.52% of its total issued share capital.

What is the total value of Stellantis' (STLA) 2024 Share Buyback Program announced on August 1, 2024?

Stellantis announced a €1 billion share buyback program on August 1, 2024, to be executed in the open market until November 29, 2024.

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