In his latest article, Patrick Oberhaensli analysis the risk and rewards for a barrier reverse convertible (BRC) linked to Stellantis.
Stellantis announced a massive charge of €22.2 billion (US$24.2 billion) in relation to its change of strategy (highlighting strategic risk: the risk of inadequate strategy) – away from the all-Electric Vehicles (for which it had over-estimated the demand) to a more balanced approach incorporating traditional engines and hybrid technology. Consequently, the company eliminated its dividend and confirmed losses for 2025. This announcement triggered a significant share price decline of