Racing Force Completes First Tranche of Share Buyback Program

Racing Force S.p.A. (RFG), a leader in motorsport safety components, has concluded the first tranche of its share buyback program. Authorized by the Shareholders' Meeting on April 29, 2024, the company executed this initiative on the Euronext Growth Milan segment from November 4 to 8, 2024. During this period, RFG acquired 7,311 of its own shares, which represent 0.0267% of its total share capital. The average purchase price was 4.00 euros per share, amounting to a total expenditure of 29,222.53 euros.

These transactions were conducted via Equita SIM S.p.A. After these acquisitions, RFG now holds 61,300 treasury shares, corresponding to 0.2238% of its share capital.