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 150 million share buyback program, part of a larger Euro 2 billion multi-year plan expected to be completed by 2026.
January 13, 2025 | 3:15 pm
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POSITIVE IMPACT
Ferrari N.V. has executed additional share purchases under its Euro 150 million buyback program, part of a larger Euro 2 billion plan. This could positively impact the stock price by reducing the number of shares available in the market.
The continuation of Ferrari's buyback program reduces the number of shares available in the market, which can lead to an increase in the stock price due to supply and demand dynamics. The buyback is part of a significant Euro 2 billion plan, indicating strong financial health and commitment to returning value to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100