(Boursier.com) — All the resolutions submitted yesterday Tuesday for approval by shareholders during the automobile manufacturer’s Annual General Meeting Stellantis were adopted…
The dividend of 1.55 euros per share will thus be detached on April 22 for a record date of April 23 and payment on May 3 and the famous consultative vote on the 2023 remuneration report was also positive to the tune of 70 .2%.
The title rose 0.5% this Wednesday to 24.40 euros, while RBC Capital is ‘outperforming’ on the manufacturer with a target raised from 29 to 31 euros, while Morgan Stanley is also ‘overweighting’ the file with a target at 28 euros. Stellantis highlighted the positive trend in its sales which increased throughout the first months of 2024… On the EU29 scope, Stellantis recorded an increase of +5.4% in its VP+LCV sales volumes for the 1st quarter of 2024, with a market share of 19.2%, up +0.9 points compared to 2023. This result reflects the performance of the previous year, despite the absence of incentives to purchase in many important European markets.
In France, Stellantis maintained its position as sales leader in the 1st quarter, with a VP+LCV market share of 32.4% recording an increase of +0.3 points compared to 2023. Sales also increased by + 7.3%, thus consolidating Stellantis’ leading position with 7.5 points ahead of its main competitor.
In Italy, Stellantis shows a 4.3% increase in sales (VP+LCV) compared to the previous year, thus maintaining its position as market leader. In particular, 6 Stellantis models ranked among the top 10, including the popular FIAT Panda, which took first place, and the Citroën C3, which completed the podium…
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