Weekly Report (September 6-12, 2024) Third Tranche of Stellantis 2024 Share Buyback Program
Stellantis N.V. (STLA) has reported its weekly share repurchase activity for September 6-12, 2024, as part of its Third Tranche of the 2024 Share Buyback Program. The company repurchased 16,795,830 common shares at an average price of €13.8195 per share, totaling €232,109,834. This is part of a larger €1 billion buyback program announced on August 1, 2024, set to run until November 29, 2024. Since the program's inception, Stellantis has bought back 47,494,365 shares for a total of €679,003,146. As of September 5, 2024, the company held 128,994,539 shares in treasury, representing 3.32% of its total issued share capital.
Stellantis N.V. (STLA) ha riportato la sua attività settimanale di riacquisto azioni per il periodo dal 6 al 12 settembre 2024, come parte della Terza Tranche del Programma di Riacquisto Azioni 2024. L'azienda ha riacquistato 16.795.830 azioni ordinarie a un prezzo medio di €13,8195 per azione, per un totale di €232.109.834. Questo fa parte di un programma di riacquisto più ampio da €1 miliardo annunciato il 1° agosto 2024, che si svolgerà fino al 29 novembre 2024. Dall'inizio del programma, Stellantis ha riacquistato 47.494.365 azioni per un totale di €679.003.146. Al 5 settembre 2024, l'azienda deteneva 128.994.539 azioni in tesoreria, che rappresentano 3,32% del suo capitale azionario totale emesso.
Stellantis N.V. (STLA) ha dado a conocer su actividad semanal de recompra de acciones para el período del 6 al 12 de septiembre de 2024, como parte de la Tercera Tramo del Programa de Recompra de Acciones 2024. La compañía recompró 16.795.830 acciones comunes a un precio promedio de €13,8195 por acción, totalizando €232.109.834. Esto es parte de un programa de recompra más amplio de €1 mil millones anunciado el 1 de agosto de 2024, que se llevará a cabo hasta el 29 de noviembre de 2024. Desde el inicio del programa, Stellantis ha recomprado 47.494.365 acciones por un total de €679.003.146. A partir del 5 de septiembre de 2024, la compañía tenía 128.994.539 acciones en tesorería, que representan 3,32% de su capital social total emitido.
Stellantis N.V. (STLA)는 2024년 9월 6일부터 12일까지의 주간 주식 재매입 활동을 2024년 주식 재매입 프로그램의 제3차로 보고했습니다. 회사는 평균가 €13.8195에 16,795,830주의 보통주를 재매입하여 총 €232,109,834의 금액이 되었습니다. 이는 2024년 8월 1일에 발표된 €1억 규모의 재매입 프로그램의 일환으로, 2024년 11월 29일까지 진행될 예정입니다. 프로그램 시작 이후, Stellantis는 총 47,494,365주를 재매입하여 €679,003,146의 총 매입 금액을 기록했습니다. 2024년 9월 5일 기준으로, 회사는 128,994,539주를 자산으로 보유하고 있으며, 이는 총 발행 주식 자본의 3.32%를 차지합니다.
Stellantis N.V. (STLA) a rapporté son activité hebdomadaire de rachat d'actions pour la période du 6 au 12 septembre 2024, dans le cadre de la troisième tranche du Programme de Rachat d'Actions 2024. L'entreprise a racheté 16.795.830 actions ordinaires à un prix moyen de €13,8195 par action, totalisant €232.109.834. Cela fait partie d'un programme de rachat plus large d'un montant de €1 milliard annoncé le 1er août 2024, qui se poursuivra jusqu'au 29 novembre 2024. Depuis le début du programme, Stellantis a racheté 47.494.365 actions pour un montant total de €679.003.146. Au 5 septembre 2024, l'entreprise détenait 128.994.539 actions en trésorerie, représentant 3,32% de son capital social total émis.
Stellantis N.V. (STLA) hat seine wöchentliche Aktienrückkaufaktivität für den Zeitraum vom 6. bis 12. September 2024 im Rahmen der dritten Tranche des Aktienrückkaufprogramms 2024 berichtet. Das Unternehmen hat 16.795.830 Stammaktien zu einem Durchschnittspreis von €13,8195 pro Aktie zurückgekauft, was insgesamt €232.109.834 ergibt. Dies ist Teil eines größeren Rückkaufprogramms in Höhe von €1 Milliarde, das am 1. August 2024 angekündigt wurde und bis zum 29. November 2024 läuft. Seit Beginn des Programms hat Stellantis 47.494.365 Aktien zurückgekauft, was insgesamt €679.003.146 entspricht. Am 5. September 2024 hielt das Unternehmen 128.994.539 Aktien im Eigenbestand, was 3,32% des gesamten ausgegebenen Aktienkapitals ausmacht.
- Stellantis is executing a substantial €1 billion share buyback program, demonstrating confidence in the company's value
- The company has already repurchased €679,003,146 worth of shares since August 1, 2024, showing strong progress in the buyback program
- The share buyback is likely to increase earnings per share and potentially boost stock value for remaining shareholders
- The average repurchase price of €13.8195 per share is higher than the previous week, potentially indicating less favorable buyback conditions
- The large cash outlay for share repurchases may limit funds available for other investments or operations
Weekly Report (September 6-12, 2024) Third Tranche of Stellantis 2024 Share Buyback Program
AMSTERDAM, September 13, 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 |
| 06/09/2024 | 599 900 | CEUX | ||
| 06/09/2024 | 2 363 100 | MILE | ||
| 06/09/2024 | 118 000 | TQEX | ||
| 09/09/2024 | 222 000 | CEUX | ||
| 09/09/2024 | 2 076 000 | MILE | ||
| 10/09/2024 | 903 648 | CEUX | ||
| 10/09/2024 | 2 498 127 | MILE | ||
| 10/09/2024 | 136 828 | TQEX | ||
| 10/09/2024 | 548 227 | XPAR | ||
| 11/09/2024 | 825 142 | CEUX | ||
| 11/09/2024 | 2 657 059 | MILE | ||
| 11/09/2024 | 50 686 | TQEX | ||
| 11/09/2024 | 167 113 | XPAR | ||
| 12/09/2024 | 845 000 | CEUX | ||
| 12/09/2024 | 2 655 000 | MILE | ||
| 12/09/2024 | 130 000 | TQEX | ||
| Total | 16 795 830 |
Since August 1, 2024 up to and including September 12, 2024, the Company has purchased a total of 47,494,365 common shares for a total consideration of
As of September 5, 2024, the Company held in treasury No. 128,994,539 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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