Weekly Report (August 9-15, 2024) Third Tranche of Stellantis 2024 Share Buyback Program
Stellantis N.V. has reported on the third tranche of its 2024 Share Buyback Program, covering up to €1 billion to be executed between August 1 and November 29, 2024. From August 9 to August 15, 2024, the company repurchased 5,231,279 common shares at an average price of €14.0414 per share, totaling €73,454,230. Since the program's inception on August 1, Stellantis has bought back 12,319,188 shares for €176,077,768. As of August 15, the company held 93,819,362 common shares in treasury, representing 2.41% of its total issued share capital.
Stellantis N.V. ha annunciato la terza tranche del suo Programma di Riacquisto di Azioni per il 2024, che prevede fino a 1 miliardo di euro da eseguire tra il 1° agosto e il 29 novembre 2024. Dal 9 al 15 agosto 2024, la società ha riacquistato 5.231.279 azioni ordinarie a un prezzo medio di 14,0414 euro per azione, per un totale di 73.454.230 euro. Dall'inizio del programma l'1 agosto, Stellantis ha riacquistato 12.319.188 azioni per 176.077.768 euro. Al 15 agosto, la società deteneva 93.819.362 azioni ordinarie in tesoreria, rappresentando 2,41% del capitale sociale totale emesso.
Stellantis N.V. ha informado sobre la tercera fase de su Programa de Recompra de Acciones 2024, que cubrirá hasta 1 mil millones de euros a ejecutarse entre el 1 de agosto y el 29 de noviembre de 2024. Entre el 9 y el 15 de agosto de 2024, la compañía recompró 5.231.279 acciones ordinarias a un precio promedio de 14.0414 euros por acción, totalizando 73.454.230 euros. Desde el inicio del programa el 1 de agosto, Stellantis ha recomprado 12.319.188 acciones por un total de 176.077.768 euros. A fecha del 15 de agosto, la empresa mantenía 93.819.362 acciones ordinarias en tesorería, representando 2.41% de su capital social total emitido.
스텔란티스 N.V.는 2024년 주식 매입 프로그램의 세 번째 분할에 대해 보고했으며, 이에 따라 10억 유로까지 매입하기로 하여 2024년 8월 1일부터 11월 29일까지 실행될 예정이다. 2024년 8월 9일부터 8월 15일까지 회사는 평균 가격 14.0414 유로로 5,231,279 일반 주식을 재매입하였으며, 총 73,454,230 유로에 달한다. 프로그램이 시작된 8월 1일 이후, 스텔란티스는 12,319,188 주식을 재매입하여 176,077,768 유로를 지출하였다. 8월 15일 기준으로 회사는 93,819,362 일반 주식을 보유하고 있어 전체 발행 주식 자본의 2.41%를 차지한다.
Stellantis N.V. a annoncé la troisième tranche de son programme de rachat d'actions de 2024, qui prévoit jusqu'à 1 milliard d'euros à exécuter entre le 1er août et le 29 novembre 2024. Du 9 au 15 août 2024, la société a racheté 5.231.279 actions ordinaires à un prix moyen de 14,0414 euros par action, pour un total de 73.454.230 euros. Depuis le début du programme le 1er août, Stellantis a racheté 12.319.188 actions pour un total de 176.077.768 euros. Au 15 août, la société détenait 93.819.362 actions ordinaires en trésorerie, représentant 2,41% de son capital social total émis.
Stellantis N.V. hat über die dritte Tranche seines Aktienrückkaufprogramms 2024 berichtet, das bis zu 1 Milliarde Euro umfasst und zwischen dem 1. August und dem 29. November 2024 ausgeführt werden soll. Vom 9. bis 15. August 2024 hat das Unternehmen 5.231.279 Stammaktien zu einem durchschnittlichen Preis von 14,0414 Euro pro Aktie zurückgekauft, was insgesamt 73.454.230 Euro beträgt. Seit Beginn des Programms am 1. August hat Stellantis 12.319.188 Aktien für 176.077.768 Euro zurückgekauft. Am 15. August hielt das Unternehmen 93.819.362 Stammaktien im eigenen Bestand, was 2,41% des gesamten ausgegebenen Aktienkapitals entspricht.
- Stellantis is executing a significant €1 billion share buyback program, demonstrating confidence in its stock value
- The company has already repurchased €176,077,768 worth of shares since August 1, 2024
- Share buybacks can potentially increase earnings per share and shareholder value
- Large cash outflow of €73,454,230 in a single week for share repurchases
- The average purchase price of €14.0414 per share may be higher than future market prices, potentially resulting in inefficient use of capital
AMSTERDAM, August 16, 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 |
| 09/08/2024 | 300 000 | CEUX | ||
| 09/08/2024 | 1 030 000 | MILE | ||
| 12/08/2024 | 200 000 | CEUX | ||
| 12/08/2024 | 1 225 000 | MILE | ||
| 13/08/2024 | 300 000 | CEUX | ||
| 13/08/2024 | 1 211 571 | MILE | ||
| 14/08/2024 | 502 000 | MILE | ||
| 15/08/2024 | 86 082 | CEUX | ||
| 15/08/2024 | 363 077 | XPAR | ||
| 15/08/2024 | 13 549 | TQEX | ||
| Total | 5 231 279 |
Since August 1, 2024 up to and including August 15, 2024, the Company has purchased a total of 12,319,188 common shares for a total consideration of
As of August 15, 2024, the Company held in treasury No. 93.819.362 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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