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BRIEF-Stellantis And General Motors To Execute A Share Repurchase Transaction

BRIEF-Stellantis And General Motors To Execute A Share Repurchase Transaction

Reuters · 09/13/2022 18:07
BRIEF-Stellantis And General Motors To Execute A Share Repurchase Transaction

- Stellantis NV STLA.MI:

  • STELLANTIS AND GENERAL MOTORS TO EXECUTE A SHARE REPURCHASE TRANSACTION

  • STELLANTIS NV - CO AND GENERAL MOTORS HOLDINGS LL HAVE EXECUTED A SHARE REPURCHASE AGREEMENT RELATED TO 69.1 MILLION COMMON SHARES IN STELLANTIS

  • STELLANTIS NV - WARRANTS WERE ISSUED TO GM AS PART OF PURCHASE BY PSA OF OPEL VAUXHALL AUTOMOTIVE BUSINESS

  • STELLANTIS NV - PURCHASE PRICE PAID BY STELLANTIS FOR COMMON SHARES WILL AMOUNT, IN TOTAL, TO EUR 923,247,678

  • STELLANTIS NV - UPON EXERCISE OF WARRANTS, CO WILL DELIVER TO GM ABOUT 1.2 MILLION COMMON SHARES OF FAURECIA

  • STELLANTIS NV - PURSUANT TO SRA, ISSUE AND REPURCHASE OF STELLANTIS COMMON SHARES WILL BOTH OCCUR ON SEPTEMBER 15

  • STELLANTIS NV - UPON EXERCISE OF WARRANTS, CO WILL DELIVER TO GM CASH AMOUNT OF ABOUT EUR130 MILLION FOR RIGHTS TO DIVIDENDS PAID BY PSA AND STELLANTIS

Source text for Eikon: ID:

Further company coverage: STLA.MI


((Reuters.Briefs@thomsonreuters.com;))