09:25 AM EDT, 10/14/2024 (MT Newswires) -- Stellantis ( STLA ) said Monday it has widened its employee share purchase program, with the second round launched in 18 countries.

The company said nearly all of the company's more than 230,000 employees can now subscribe to the Shares to Win program between Nov. 5 and Nov. 14 for up to a total of 14 million shares.

The initial wave of the program was rolled out late last year in France and Italy, with 22% of eligible employees subscribing to 4.4 million shares, the company said.

As of 2023, Stellantis ( STLA ) employees hold 1.8% stake, and the company said it aims to increase this to 5% in the coming years.

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