With Stellantis stock falling again to just $13 today, it may be a good time to invest in the company, which is down from it’s year’s high of $29.51. American and Canadian employees can do just that with Stellantis’ blessing, between November 5 and November 14, with up to 14 million shares available.
The company has a minimum of a single share, with a 20% discount from the reference price—the average closing price on the Milan exchange between September 30 and October 25, 2024—and a matching contribution of up to €1,000, equal to all the money (up to €1,000) invested by the employee. American employees who participate can become a part-owner of the company that is suing their union in seven or eight separate lawsuits.
Employees currently own 1.8% of Stellantis capital; the company hopes to increase this to 5% in the coming years.
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