What will happen to FCA stock after merger?
Fiat Chrysler announced Monday that its stockholders as of Jan. 15 will get a special cash payment worth 1.84 euros ($2.26) per common share after the merger closes. The payments will cost 2.9 billion euros ($3.56 billion).
What is the new stock symbol for Fiat Chrysler?
Fiat Chrysler Automobiles trades on the New York Stock Exchange (NYSE) under the ticker symbol “FCAU.”
What will happen to FCAU?
The proposed merger between Fiat Chrysler Automobiles FCAU and PSA Group PUGOY has been recently approved by shareholders of both companies. The deal is expected to wrap up by Jan 16, post which the combined entity — which will be renamed Stellantis — will become the world’s fourth-largest automotive group.
Why is Stellantis stock dropping?
Oct. MILAN (Reuters) -Stellantis, the world’s fourth largest automaker, on Thursday reported a 14% fall in third-quarter revenue on a pro-forma basis after semiconductor shortages cut planned quarterly production by 30%, or 600,000 vehicles. …
Will FCA stock become Stellantis?
PSA Group and Fiat Chrysler Automobiles (FCA) have officially merged to create Stellantis, bringing together 14 vehicle brands across the globe. Currently, Stellantis has 29 electrified vehicles on the market—including both fully electric and hybrid vehicles—and will offer 39 by the end of 2021.
Is Fiat Chrysler a good stock to buy?
Fiat Chrysler currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
What is the market cap of Fiat Chrysler?
Fiat Chrysler reported 16.22B in Market Capitalization for its third fiscal quarter of 2020.
| Market Capitalization | Change | |
|---|---|---|
| Fiat Chrysler FCA:IM | 16.22B | 2.36B |
| FINCANTIERI FCT:IM | 1.19B | 251.83M |
| Ford Motor F:US | $ 55.56B | 2.7B |
| General Motors GM:US | $ 76.52B | 9.32B |
Did FCAU become STLA?
The Options Clearing Corporation (OCC) has been informed that Fiat Chrysler Automobiles N.V. (FCAU) will change its name, trading symbol and CUSIP to Stellantis N.V. (STLA), CUSIP N82405106. As a result, option symbols FCAU/FCAU1 will also change to STLA/STLA1 effective at the opening of business on January 19, 2021.
Does FCAU pay a dividend?
FCAU does not currently pay a dividend.
Is STLA stock a good buy?
STLA is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 5.02, while its industry has an average P/E of 11.60. Over the past year, STLA’s Forward P/E has been as high as 6.67 and as low as 4.38, with a median of 5.27.
Is Stellantis an American company?
Stellantis N.V. is a multinational automotive manufacturing corporation formed in 2021 on the basis of a 50-50 cross-border merger between the Italian-American conglomerate Fiat Chrysler Automobiles and the French PSA Group. The company is headquartered in Amsterdam, Netherlands.