Racing Force Initiates Second Tranche of Share Buyback Program

Racing Force S.p.A. has announced the initiation of the Second Tranche of its share buyback program. Listed on Euronext Growth in Milan and Paris, the company specialized in motorsport safety components aims to repurchase shares up to a value of Euro 200,000 between April 1 and June 30, 2025. This follows the completion of a first tranche totaling Euro 250,000 on November 6, 2024.

Equita SIM S.p.A. will independently manage the buyback, which aligns with various strategic goals, including liquidity support and medium to long-term investments. The program permits purchases not exceeding 20% of the share capital and will run until October 29, 2025, unless pre-emptively concluded. Market practices and regulations, like the EU Market Abuse Regulation, will guide the process.