Stellantis Announces 2024 Annual General Meeting Results
Dividends Approved and Share Buyback Plan Announced
Amsterdam, April 16, 2024
Stellantis N.V. (NYSE: STLA, Euronext: STLA) today announced the results of its 2024 Annual General Meeting (AGM). All resolutions submitted to the meeting were approved by shareholders, including the following:
- A dividend of EUR 155 per ordinary share for the fiscal year 2023.
- A share buyback program of up to EUR 47 billion to be executed over the next three years.
The dividend will be paid on May 15, 2024, to shareholders of record as of April 30, 2024. The share buyback program is expected to commence on May 1, 2024.
In addition to the financial resolutions, shareholders also approved the appointment of three new members to the Board of Directors: Mary Barra, CEO of General Motors; Carlos Tavares, CEO of Stellantis; and Jessica Uhl, CEO of Arista Networks.
Stellantis CEO Carlos Tavares said: "We are pleased with the strong support we received from our shareholders at today's AGM. The approval of these resolutions will allow us to continue to execute our strategic plan and deliver long-term value to our stakeholders."
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