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Though the automaker confirmed its full-year 2024 guidance of double-digit adjusted operating income for the year with Knight claiming it will be in the low teens, Stellantis shares tumbled 10% in ...
Shares of carmaker Stellantis (NYSE: STLA) are deep in the red Monday, down 12.9% as of midsession after the company lowered its operating margin and cash flow guidance for the current fiscal year.
Stellantis said it would reduce inventory levels in the United States and ship 200,000 fewer vehicles to North American dealers in the second half of 2024 than in the same period last year.
Weekly Report (September 20-26, 2024) Third Tranche of Stellantis 2024 Share Buyback Program AMSTERDAM, September 27, 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 €1 billion to be executed in the open market during the period between August 1 ...
Stellantis shares have lost around 40% of their value this year, while shares of U.S. rival Ford Motor are down 7% this year and General Motors up 55%. ... Stock market today: Asian shares trade ...
Common shares of the new company began trading on the Milan Stock Exchange and Euronext Paris on 18 January 2021 and on the New York Stock Exchange on 19 January 2021, in each case under the ticker symbol "STLA". [23] [24] [25] The name Stellantis is exclusively used to identify the corporate entity, while group brand names and logos remain ...
Stellantis reiterated its 2024 financial guidance, which was updated at the end of September. Stellantis sees an adjusted operating income margin of between 5.5% and 7% for the fiscal year 2024 ...
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