Stellantis Board Proposes Dividend Of €1.55 Per Common Share, Increase Of ~16% Compared To Prior Year, Pending Shareholder Approval

STELLANTIS -2.54%

STELLANTIS

STLA

13.05

-2.54%

Pending shareholder approval, Stellantis proposes to pay a dividend of €1.55 per common share, an increase of approximately 16% compared to the prior year, and an expected calendar for NYSE, Euronext Milan and Euronext Paris to be as follows: (i) ex-date April 22, 2024, (ii) record date April 23, 2024, and (iii) payment date May 3, 2024. Stellantis will also execute a 2024 open-market share buyback program of €3.0 billion, which includes €0.5 billion of shares repurchased to service share-based compensation and employee share purchase, in 2024.

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