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Stellantis reaffirms FY guidance -2-
To up div payout target range in 2025 (Il Sole 24 Ore Radiocor) - Amsterdam , 13 Jun - Stellantis also said that it is updating its capital plan.
In particular, it is setting target liquidity levels of 25-30% of revenues for the medium-term, shifting the focus to capital efficiency and supporting strong shareholder returns.
The company added that it wil continue to use share buybacks and ordinary dividends to return excess cash to shareholders.
In 2025, Stellantis will target the upper range of its 25-30% dividend payout policy versus 25% in recent years.
AAA-Hob
(RADIOCOR) 13-06-24 12:01:18 (0279) 5 NNNN