FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
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Ferrari N.V. has announced the purchase of shares under its Euro 150 million buyback program, part of a larger Euro 2 billion multi-year plan expected to be completed by 2026.
December 16, 2024 | 1:30 pm
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Ferrari N.V. has executed a Euro 150 million share buyback as part of its Euro 2 billion multi-year program, potentially supporting its stock price.
The buyback program indicates Ferrari's confidence in its financial health and can lead to a reduction in shares outstanding, potentially increasing earnings per share and supporting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100