tiprankstipranks
Ferrari Boosts Shareholder Value with Buyback Initiative
Company Announcements

Ferrari Boosts Shareholder Value with Buyback Initiative

Ferrari (IT:RACE) has released an update.

Don't Miss our Black Friday Offers:

Ferrari has advanced its multi-year share buyback program, purchasing additional shares worth over 48 million Euros on the NYSE as part of a 2 billion Euro plan set to complete by 2026. This strategic move aligns with Ferrari’s efforts to enhance shareholder value and solidify its financial standing in the market.

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

Related Articles
TipRanks Italy Auto-Generated NewsdeskFerrari Advances Strategic Share Buyback Program
TipRanks Auto-Generated NewsdeskFerrari Partners with IBM for Racing Innovation
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App