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Ferrari N.V. To Commence A Euro 150M First Tranche Of Its New Multi-year Share Buyback Program Of Approximately Euro 2M

Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") announces that it intends to commence a Euro 150 million share buyback program, as the initial tranche of the new 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 "First Tranche").

RACE

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ExxonMobile Vs. Valero: Which Oil Stock Has A Stronger Bull Case?

Since Friday, June 24, crude oil prices per barrel have rallied 5.7%, after President Joe Biden proposed a three-month federal gas tax holiday. According to Tuesday data from the American Automobile Association (AAA), national gas prices have declined to $4.881 a gallon, down from its recent peak of $5.016 a gallon.

VLO