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 20, 2025 | 12:30 pm
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POSITIVE IMPACT
Ferrari N.V. is actively executing its Euro 150 million share buyback program, part of a larger Euro 2 billion plan. This buyback is likely to support the stock price by reducing the number of shares available in the market.
The share buyback program reduces the number of shares available in the market, which can increase the stock price by boosting earnings per share and signaling confidence in the company's future. This is part of a significant Euro 2 billion plan, indicating a strong commitment to shareholder value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100