Ferrari (IT:RACE) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Ferrari has continued its share buyback program, purchasing over 68,000 shares on Euronext Milan for approximately 28 million euros as part of its multi-year, 2 billion euro initiative. Since the program’s inception, Ferrari has repurchased nearly 4 million shares, reflecting confidence in its market value. This strategic move aims to enhance shareholder value amid steady financial growth.
For further insights into IT:RACE stock, check out TipRanks’ Stock Analysis page.