Racing Force Reports on Recent Share Buyback Activity

Racing Force S.p.A. (RFG), the global leader in motorsport safety components, has disclosed details of its recent buyback activity. Authorized by shareholders on April 29, 2024, the buyback program saw RFG acquire 7,151 shares from October 14 to 18, 2024. These shares represent 0.0261% of the company's share capital.

The shares were purchased at an average price of €4.10, totaling €29,296.37. Equita SIM S.p.A. acted as the intermediary for these transactions. This activity is in compliance with EU regulations, ensuring transparency and accountability in the market.

Racing Force now holds 38,876 treasury shares, accounting for 0.1419% of its share capital. This strategic move underscores the company's ongoing commitment to enhancing shareholder value and maintaining a robust financial position.