(CercleFinance.com) – Stellantis announced on Monday the launch of the third tranche of its share buyback program, for a maximum amount of 500 million euros.
The automobile manufacturer specifies that this repurchase will begin today and end no later than December 11, the ordinary shares thus repurchased being intended to be canceled in due course.
The group announced, last February, the implementation of a share buyback program of 1.5 billion euros, the first and second tranches of which have now been completed.
With a gain of 1.6%, the Stellantis title signed Monday morning one of the strongest increases in the CAC 40 index on the Paris Stock Exchange.
Copyright © 2023 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
