Exor ( (NL:EXO) ) just unveiled an update.
Exor reported a 9% growth in NAV per share for 2024, reaching €38.2 billion, and announced a €1 billion share buyback program with a 10% premium tender offer. The company increased its investments in Philips, Clarivate, and Institut Mérieux, while reducing its stake in Ferrari to diversify its portfolio and prepare for future acquisitions. Exor remains committed to its role as a long-term shareholder in Ferrari, maintaining significant economic and voting rights.
More about Exor
Exor is a diversified holding company with significant investments across various industries, including healthcare, energy, and automotive sectors. The company focuses on building and nurturing great companies, with a strategic emphasis on long-term value creation and disciplined capital allocation.
YTD Price Performance: 8.36%
Average Trading Volume: 1,408
Technical Sentiment Signal: Sell
Current Market Cap: $33B
For detailed information about EXO stock, go to TipRanks’ Stock Analysis page.