Dividend Distribution Proposal

(Low)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

News Market Reaction – RACE

The recorded move for RACE in the trading session of this news was +2.38%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

02/22/2024 - 02:29 PM EST

Maranello (Italy), February 22, 2024 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 2.443 per common share, with an increase of approximately 35% compared to the prior year and corresponding to a total distribution of approximately Euro 440 million.
The distribution will be subject to its approval by the Annual General Meeting of Shareholders which is scheduled to be held on April 17, 2024.
If shareholders approve the proposed dividend distribution, the ex-date is expected to be April 22, 2024, the record date April 23, 2024 on both EXM and NYSE and the payment date May 3, 20241.

Attachment