Automakers

Stellantis unveils $1.6B share buyback as earnings top forecasts

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By:
Bloomberg
February 22, 2023 07:25 AM

Stellantis unveiled a share buyback of as much as 1.5 billion euros ($1.6 billion) following Mercedes-Benz and BMW in returning cash to shareholders after strong 2022 results on the back of high vehicle prices and pent-up demand.

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