OSK vs. RACE: Which Stock Is the Better Value Option?
Maranello (Italy), May 27, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the 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 “Fourth Tranche”), the additional common shares - reported in aggregate form, on a dail
Ferrari NV (NYSE:DAVA) CEO Benedetto Vigna has enormous expectations from its electric supercar debut, similar to those of its existing blockbuster combustion-engine models. The company looks to launch its electric vehicle in the fourth quarter of 2025, Bloomberg Television cites Vigna in an interview on Thursday. The premium automotive sector is exploring options to lower emissions following a decline in EV demand and government subsidies. Also Read: Tesla’s Chinese Rival BYD Dives Into Luxury