FERRARI N.V.: INFORMATIVA PERIODICA SULL’ACQUISTO DI AZIONI PROPRIE
Rhea-AI Summary
Ferrari N.V. (RACE) has announced the completion of a share buyback as part of its broader program totaling €2 billion by 2026. The recent buyback, announced on December 1, 2022, represents the second tranche of this initiative, amounting to €200 million. The purchases will occur daily and will be executed on Euronext Milan and the New York Stock Exchange. This move aligns with Ferrari's strategy to enhance shareholder value and reflects its ongoing commitment to returning capital to investors.
Positive
- Completion of a €200 million share buyback reflects commitment to shareholder value.
- Part of a larger €2 billion buyback program, indicating strong financial health.
Negative
- None.
News Market Reaction – RACE
In the trading session that priced this news, RACE declined 1.53%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” o la “Società”) comunica di avere acquistato, nell’ambito del programma di acquisto di azioni proprie di
Attachment
