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 10, 2025 | 4:30 pm
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Ferrari N.V. is actively executing its Euro 150 million share buyback program, part of a larger Euro 2 billion plan, which may positively impact its stock price by reducing the number of shares available in the market.
The continuation of Ferrari's share 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. This is part of a larger strategic plan to buy back Euro 2 billion worth of shares by 2026, indicating a strong commitment to returning value to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100