Dongfeng Motor and Stellantis Group Sign Share Repurchase Agreement

0
Dongfeng Motor (Hong Kong) International Co., Ltd. has reached an agreement with Stellantis Group, and Dongfeng intends to sell its 3.16% stake in Stellantis. Stellantis has the right but not the obligation to purchase these shares at the market price. If Dongfeng chooses to accelerate the sale, Stellantis will have the opportunity to purchase at a preferential price.