Stellantis N.V.

STLAM

NL00150001Q9

Auto & Truck Manufacturers

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-09 EDT			After market 12:06:29
20.23 ^EUR	+2.17%		20.18	-0.25%

12:34pm	STELLANTIS : HSBC maintains 'hold' recommendation, target 23.5 euros	CF
05-08	Mib lone bearish; Leonardo shines in Milan	AN

Stellantis Recently Completes Purchases of 8.3M Shares of Archer Aviation

March 18, 2024 at 11:30 am

By Denny Jacob

Jeep owner Stellantis disclosed it recently completed a series of open market purchases of 8.3 million shares of Archer Aviation.

The European car maker and the French car-leasing company in January 2023 said its goal was to mass produce Archer's Midnight aircraft as its exclusive contract manufacturer.

Stellantis has been a strategic partner to Archer since 2020 and an investor since 2021. It holds a roughly 15% stake in Archer, according to FactSet.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

03-18-24 1129ET

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
STELLANTIS N.V.	20.24 EUR	+2.16%	+1.36%	81.89B
STELLANTIS N.V.	20.23 EUR	+2.17%	+1.25%	81.89B
ARCHER AVIATION INC.	3.715 USD	-0.40%	-6.98%	1.2B

Latest news about Stellantis N.V.

STELLANTIS : HSBC maintains 'hold' recommendation, target 23.5 euros	06:34am	CF
Mib lone bearish; Leonardo shines in Milan	05-08	AN
MIb down; Leonardo bats a path after accounts	05-08	AN
Wissing rejects EU punitive tariffs for Chinese car manufacturers	05-07	DP
STELLANTIS : DZ Bank reaffirms its Sell rating	05-07	ZD
Factbox-Chinese EV makers' plans to make cars in Europe	05-07	RE
Fewer new registrations of electric cars again	05-06	DP
Stellantis Pro One Maintains Top Spot in Middle East, Africa Markets in Q1	05-06	MT
Stellantis: global ambitions in commercial vehicles	05-06	CF
VP Harris announces more than $100 mln to support auto workers	05-06	RE
French carmakers target fourfold jump in EV sales by 2027	05-06	RE
US Electric Vehicle Companies Shares Mixed Friday After White House Extends Tax Credits for Another 2 Years	05-03	MT
STELLANTIS : Following a revenue and shipment miss, Stellantis resets expectations for FY24	05-03
STELLANTIS : Barclays reaffirms its Buy rating	05-03	ZD
Stock markets bullish; focus on U.S. data	05-03	AN
CAC40: down towards 7900pts, weighed down by Stellantis and STMicro	05-02	CF
Lists contrasted; Stellantis closes Mib.	05-02	AN
CAC40: heaviness prevails, despite more positive W-Street	05-02	CF
CAC40: down towards 7935, WStreet stagnates, as do US rates	05-02	CF
Stellantis: Peugeot 208 retains top spot	05-02	CF
Stellantis concludes first EUR1 billion buyback tranche	05-02	AN
Business Square up; MPS confirms itself as outperformer	05-02	AN
Stellantis Reportedly Recruiting Engineers from Countries With Lower Labor Costs	05-02	MT
CAC40: in the red following Fed statement	05-02	CF
Mib positive; MPS updates annual high	05-02	AN

Stellantis N.V. is one of the world's leading car manufacturers. The activity is essentially organized around 4 sectors: - sales of passenger cars and light commercial vehicles: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys brands; - sale of luxury vehicles: Maserati and DS Automobiles brands; - sale of automotive equipment: interior systems, car seats, car exteriors, emission control systems, etc.; - other: sales financing services (purchase, rental, leasing, etc.), after-sales services, etc.; - other: sales financing services (purchase, rental, leasing, etc.). Net sales are distributed geographically as follows: the Netherlands (0.8%), North America (46.7%), France (9.5%), Brazil (7.3%), Italy (6.2%), Germany (5.5%), the United Kingdom (4.4%), China (0.6%) and other (19%).

Sector

Auto & Truck Manufacturers

Calendar

2024-06-12 - Investor Day

Related indices

CAC 40 , EURO STOXX 50 , STOXX EUROPE 600 (EUR) , FTSE MIB INDEX

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Income Statement Evolution

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Analysis / Opinion

STELLANTIS : Following a revenue and shipment miss, Stellantis resets expectations for FY24

May 03, 2024 at 08:04 am

Stellantis N.V. : Stellantis: A rolling business

April 26, 2024 at 05:29 am

Stellantis CEO Carlos Tavares denies Renault merger rumours

February 15, 2024 at 09:50 am

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Ratings for Stellantis N.V.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

19.8 EUR

Average target price

27.42 EUR

Spread / Average Target

+38.51%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

Sector Automobiles & Multi Utility Vehicles

	1st Jan change	Capi.
STELLANTIS N.V.	-4.35%	81.89B
BYD COMPANY LIMITED	+5.32%	87.85B
PORSCHE AG	+1.70%	79.89B
FERRARI N.V.	+20.23%	73.14B
MARUTI SUZUKI INDIA LTD	+21.38%	47.25B
KIA CORPORATION	+16.00%	33.67B
SAIC MOTOR CORPORATION LIMITED	+7.69%	23.09B
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED	-10.99%	17.99B
FORD OTOMOTIV SANAYI	+54.29%	12.18B
GUANGZHOU AUTOMOBILE GROUP CO., LTD.	-9.92%	10.16B

Automobiles & Multi Utility Vehicles

Stellantis N.V.

Equities

STLAM

NL00150001Q9

Auto & Truck Manufacturers

Stellantis Recently Completes Purchases of 8.3M Shares of Archer Aviation

Stocks mentioned in the article

Latest news about Stellantis N.V.

Chart Stellantis N.V.

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Stellantis N.V.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Automobiles & Multi Utility Vehicles