FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
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Ferrari N.V. has announced the purchase of additional common shares under its Euro 250 million share buyback program, part of a larger Euro 2 billion buyback plan expected to be completed by 2026.
November 22, 2024 | 1:45 pm
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Ferrari N.V. has purchased additional shares under its Euro 250 million buyback program, part of a larger Euro 2 billion plan by 2026.
The continuation of Ferrari's share buyback program is likely to positively impact its stock price in the short term as buybacks can increase demand for shares and signal confidence in the company's financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100