Ferrari (IT:RACE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ferrari has continued its share buyback program, purchasing over 68,000 shares on Euronext Milan for approximately 28 million euros as part of its multi-year, 2 billion euro initiative. Since the program’s inception, Ferrari has repurchased nearly 4 million shares, reflecting confidence in its market value. This strategic move aims to enhance shareholder value amid steady financial growth.
For further insights into IT:RACE stock, check out TipRanks’ Stock Analysis page.