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Ferrari N.V. Advances Multi-Year Share Buyback
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Ferrari N.V. Advances Multi-Year Share Buyback

Ferrari NV (IT:RACE) has released an update.

Ferrari N.V. has reported progress on its Euro 2 billion share buyback plan, having acquired additional shares on the Euronext Milan as part of the fourth tranche. As of May 10, 2024, the company has purchased over half a million shares since the program’s inception, now holding 5.41% of its total issued share capital. Detailed information on these transactions can be found on Ferrari’s corporate website under the Buyback Programs section.

For further insights into IT:RACE stock, check out TipRanks’ Stock Analysis page.

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