Ferrari (IT:RACE) has released an update.
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Ferrari has advanced its multi-year share buyback program, purchasing additional shares worth over 48 million Euros on the NYSE as part of a 2 billion Euro plan set to complete by 2026. This strategic move aligns with Ferrari’s efforts to enhance shareholder value and solidify its financial standing in the market.
For further insights into IT:RACE stock, check out TipRanks’ Stock Analysis page.
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