trending Market Intelligence /marketintelligence/en/news-insights/trending/dJ-LnmZbsszkY_U5RDb9dw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Ferrari buys back €7M worth of shares

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Ferrari buys back €7M worth of shares

Ferrari NV said Jan. 10 that it bought back 78,055 of the company's common shares Jan. 2-10 on the Italian Stock Exchange.

The transaction is the first tranche of Ferrari's €1.5 billion share buyback program, announced Dec. 28, 2018. The company plans to undertake the initial repurchase of €100 million worth of shares from Jan. 1 to June 27.

Ferrari paid an average of €90.69 per share for a total consideration of €7 million.