FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Portfolio Pulse from
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 buyback plan expected to be completed by 2026.
January 27, 2025 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ferrari N.V. has executed a portion of its Euro 150 million share buyback program, part of a larger Euro 2 billion plan, which may positively impact its stock price.
The continuation of Ferrari's share buyback program indicates confidence in the company's financial health and is likely to reduce the number of shares outstanding, potentially increasing the stock price. The buyback is part of a significant Euro 2 billion plan, suggesting a strong commitment to returning value to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100