Movement Alert｜Ferrari NV Falls 3.12% in After-Hours Trading, Buyback Program Update in Focus

Market Focus10-24

On October 24, Ferrari NV fell 3.12% in After-Hours Trading, trading at $394.79 per share, with turnover of $3.1223 million.

The main public catalyst was the company’s periodic update on its stock buyback program, which prompted the market to reassess capital return progress and near-term trading rhythm.

Background disclosures show Ferrari NV is executing a multi-year repurchase plan of about EUR 3.5 billion through 2030. As of early September, it had repurchased about 1.78 million shares year to date for roughly EUR 538 million, while the current third tranche carries a maximum authorization of EUR 250 million. The company is also scheduled to announce third-quarter financial results on November 3, placing the stock in a pre-earnings observation window.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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