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 buyback plan expected to be completed by 2026.
February 03, 2025 | 3:30 pm
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Ferrari N.V. has purchased additional shares as part of its Euro 150 million buyback program, which is a segment of a larger Euro 2 billion plan to be completed by 2026.
The continuation of the share buyback program indicates Ferrari's confidence in its financial health and future prospects. Buybacks can reduce the number of shares outstanding, potentially increasing earnings per share and supporting the stock price.
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