Summary by Moomoo AI
Stellantis N.V. has completed a series of open market purchases of Archer Aviation Inc.'s Class A Common Stock, as reported in recent filings. On March 12, 2024, Stellantis acquired a total of 463,581 shares at a price of $4.9261 per share and an additional 336,419 shares at $5.0571 each. The buying spree continued on March 13, 2024, with the purchase of 800,000 shares at $5.3575 per share. These transactions have increased Stellantis N.V.'s direct holdings in Archer Aviation to 37,851,720 shares. The total number of shares acquired across the two days was 1,600,000, with transaction prices ranging from $4.9261 to $5.3575.