Ferrari: announcement of the seventh tranche of the multi-year share repurchase program by participating as a purchaser in exor's accelerated bookbuild offering

Ferrari, following the accelerated bookbuild offering announced by exor on february 26, 2025, intends to repurchase up to 10% of exor's total offering up to a maximum of euro 300 million this share repurchase is to be considered as a part of ferrari's multi-year euro 2.0 billion share buyback program as announced during our 2022 cmd. it will constitute the seventh tranche and it will be financed by ferrari's cash on hand on february 20, 2025, ferrari completed the sixth tranche announced on december 5, 2024 maranello (italy), february 26, 2025 – ferrari n.v.
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