Ferrari (IT:RACE) has released an update.
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Ferrari N.V. continues its aggressive share buyback strategy, announcing a recent total investment of over €42 million for 107,950 shares on the Euronext Milan and about $700,000 for 1,627 shares on the NYSE, as part of its multi-year €2 billion program set to conclude by 2026. Holding 5.55% of its total issued share capital in treasury, Ferrari shows a substantial commitment to enhancing shareholder value. A detailed report of these transactions is accessible on the company’s website under the Buyback Programs section.
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