BRIEF-Stellantis Purchases 8.3 Million Shares in Archer Aviation

Reuters03-18

March 18 (Reuters) - Stellantis NV :

* STELLANTIS SIGNALS ITS CONTINUED CONFIDENCE IN ARCHER BY FURTHER INCREASING ITS STRATEGIC SHAREHOLDING IN THE COMPANY

* COMPLETED A SERIES OF OPEN MARKET PURCHASES OF 8.3 MILLION SHARES OF ARCHER'S STOCK

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