Reported 7 months ago
Stellantis, the world's fourth-largest automaker, maintained its 2024 financial forecasts and announced its intention to improve its dividend payout next year, targeting the upper range of its 25% to 30% policy. Created through the merger of Fiat Chrysler and PSA in 2021, the company plans to return excess cash to shareholders through share buybacks and dividends, while confirming its current year forecasts and committing to rewarding shareholders with at least 7.7 billion euros in 2024.
Source: YAHOO