The latest update is out from Ferrari ( (IT:RACE) ).
On March 13, 2025, Ferrari N.V. executed a share buyback related to its employee granting share process, assigning 113,466 common shares and purchasing 47,907 shares to cover taxable income for employees. This transaction is part of a larger multi-year share buyback program initiated in 2022, aimed at purchasing approximately €2 billion worth of shares, with €1.64 billion already spent by March 14, 2025.
More about Ferrari
Ferrari N.V. is a leading company in the luxury automotive industry, renowned for its high-performance sports cars and racing vehicles. The company focuses on producing exclusive, high-end automobiles that cater to a global market of affluent customers and automotive enthusiasts.
YTD Price Performance: 7.88%
Average Trading Volume: 367,543
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $109.1B
Find detailed analytics on RACE stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com