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Weekly Report (August 30-September 5, 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 30 to September 5, 2024. The company repurchased 10,234,319 common shares at an average price of €14.6426 per share, totaling €149,856,750. Since the program's inception on August 1, 2024, Stellantis has bought back 30,698,535 shares for €446,893,312. As of September 5, 2024, the company held 112,798,709 treasury shares, representing 2.88% of its total issued share capital. The buyback program, announced on August 1, 2024, aims to repurchase up to €1 billion of shares in the open market by November 29, 2024.

Stellantis N.V. (STLA) ha riportato la sua Terza Tranche del Programma di Riacquisto Azionario 2024 per la settimana dal 30 agosto al 5 settembre 2024. L'azienda ha riacquistato 10.234.319 azioni ordinarie a un prezzo medio di €14,6426 per azione, per un totale di €149.856.750. Dall'inizio del programma, il 1° agosto 2024, Stellantis ha riacquistato 30.698.535 azioni per un totale di €446.893.312. Al 5 settembre 2024, l'azienda deteneva 112.798.709 azioni proprie, che rappresentano il 2,88% del suo capitale sociale totale emesso. Il programma di riacquisto, annunciato il 1° agosto 2024, ha l'obiettivo di riacquistare fino a €1 miliardo di azioni nel mercato aperto entro il 29 novembre 2024.

Stellantis N.V. (STLA) ha reportado su Tercera Tranche del Programa de Recompra de Acciones 2024 para la semana del 30 de agosto al 5 de septiembre de 2024. La compañía recompró 10.234.319 acciones ordinarias a un precio promedio de €14,6426 por acción, totalizando €149.856.750. Desde el inicio del programa el 1 de agosto de 2024, Stellantis ha recomprado 30.698.535 acciones por un total de €446.893.312. Al 5 de septiembre de 2024, la compañía poseía 112.798.709 acciones en tesorería, que representan el 2,88% de su capital social emitido total. El programa de recompra, anunciado el 1 de agosto de 2024, tiene como objetivo recomprar hasta €1 mil millones de acciones en el mercado abierto para el 29 de noviembre de 2024.

스텔란티스 N.V. (STLA)는 2024년 주식 매입 프로그램의 세 번째 트랜치를 2024년 8월 30일부터 9월 5일까지의 주간에 대해 보고했습니다. 회사는 평균 가격 €14.6426로 10,234,319주를 재매입하여 총 €149,856,750을 지출했습니다. 2024년 8월 1일 프로그램 시작 이후, 스텔란티스는 총 30,698,535주€446,893,312에 재매입했습니다. 2024년 9월 5일 현재 회사는 112,798,709주의 자사주를 보유하고 있으며, 이는 발행된 총 자본금의 2.88%에 해당합니다. 2024년 8월 1일 발표된 매입 프로그램은 2024년 11월 29일까지 공개 시장에서 최대 €10억의 주식을 재매입하는 것을 목표로 하고 있습니다.

Stellantis N.V. (STLA) a fait rapport de sa troisième tranche du programme de rachat d'actions 2024 pour la semaine du 30 août au 5 septembre 2024. L'entreprise a racheté 10.234.319 actions ordinaires à un prix moyen de €14,6426 par action, pour un total de €149.856.750. Depuis le lancement du programme le 1er août 2024, Stellantis a racheté 30.698.535 actions pour un total de €446.893.312. Au 5 septembre 2024, l'entreprise détenait 112.798.709 actions propres, représentant 2,88% de son capital social total émis. Le programme de rachat, annoncé le 1er août 2024, vise à racheter jusqu'à €1 milliard d'actions sur le marché ouvert d'ici le 29 novembre 2024.

Stellantis N.V. (STLA) hat über die dritte Tranche des Aktienrückkaufprogramms 2024 für die Woche vom 30. August bis 5. September 2024 berichtet. Das Unternehmen hat 10.234.319 Stammaktien zu einem durchschnittlichen Preis von €14,6426 pro Aktie zurückgekauft, was insgesamt €149.856.750 entspricht. Seit Beginn des Programms am 1. August 2024 hat Stellantis 30.698.535 Aktien für insgesamt €446.893.312 zurückgekauft. Am 5. September 2024 hielt das Unternehmen 112.798.709 Eigene Aktien, was 2,88% des gesamten ausgegebenen Aktienkapitals entspricht. Das Rückkaufprogramm, das am 1. August 2024 angekündigt wurde, zielt darauf ab, bis zum 29. November 2024 bis zu €1 Milliarde Aktien am freien Markt zurückzukaufen.

Positive
  • Stellantis repurchased 10,234,319 shares, demonstrating confidence in the company's value
  • The company has already bought back €446,893,312 worth of shares since August 1, 2024
  • The share buyback program reduces the number of outstanding shares, potentially increasing earnings per share
Negative
  • The share buyback program uses €1 billion in cash, which could have been used for other investments or operations

Weekly Report (August 30-September 5, 2024) Third Tranche of Stellantis 2024 Share Buyback Program

AMSTERDAM, September 6, 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 30 up to and including September 5, 2024:

DateNumber of Shares RepurchasedAverage Market Purchase Price in € per share Repurchased Volume in € (excluding fees)Venues
30/08/202450 000€15.1403€757 013CEUX
30/08/2024736 400€15.1212€11 135 283MILE
02/09/2024200 000€14.9469€2 989 374CEUX
02/09/20241 883 999€14.9381€28 143 286MILE
03/09/2024543 784€14.6247€7 952 655CEUX
03/09/20242 376 194€14.6458€34 801 196MILE
03/09/202446 648€14.5626€679 317TQEX
03/09/2024233 374€14.5796€3 402 510XPAR
04/09/2024332 676€14.4235€4 798 363CEUX
04/09/20241 912 261€14.4282€27 590 519MILE
04/09/202424 983€14.4486€360 970TQEX
04/09/2024200 000€14.4486€2 889 722XPAR
05/09/202480 100€14.4609€1 158 322CEUX
05/09/20241 613 900€14.3740€23 198 222MILE
Total10 234 319€14.6426€149 856 750 

Since August 1, 2024, up to and including September 5, 2024, the Company has purchased a total of 30,698,535 common shares for a total consideration of € 446,893,312.

As of September 5, 2024, the Company held in treasury No. 112,798,709 common shares equal to 2.88% 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 30 and September 5, 2024?

Stellantis repurchased 10,234,319 common shares between August 30 and September 5, 2024.

What is the total value of shares repurchased by Stellantis (STLA) in the reported week?

The total value of shares repurchased by Stellantis in the reported week was €149,856,750.

What is the average price per share paid by Stellantis (STLA) in this buyback period?

The average price per share paid by Stellantis in this buyback period was €14.6426.

How many treasury shares does Stellantis (STLA) hold as of September 5, 2024?

As of September 5, 2024, Stellantis held 112,798,709 common shares in treasury.

What percentage of Stellantis' (STLA) total issued share capital do the treasury shares represent?

The treasury shares represent 2.88% of Stellantis' total issued share capital, including common shares and special voting shares.

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