Maranello (Italy), October 28, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily
Ferrari (NYSE:RACE) has had a great run on the share market with its stock up by a significant 18% over the last three...
The Italian car maker sell only about 14,000 cars a year. But it has avoided booms and busts, and seen its shares rise, by restraining demand. The question: Can it continue to prosper in a world of electric vehicles?