BuybackJul 31, 2026, 06:17 AM
Ferrari Buys Back 11,966 Shares for €4M Under Second Tranche Program
AI Summary
Ferrari N.V. announced further share repurchases under its €250 million Second Tranche buyback program. On July 27-28, 2026, the company bought 11,966 common shares on Euronext Milan for over €4 million. Since the Second Tranche began, Ferrari has invested over €187 million on EXM and over $40 million on NYSE, acquiring a total of 738,996 shares. As of July 30, 2026, Ferrari held 0.85% of its common shares in treasury.
Key Highlights
- Ferrari purchased 11,966 common shares on Euronext Milan on July 27-28, 2026.
- The average price per share for these purchases was €335.14.
- Total consideration for these recent purchases was €4,010,331.82.
- Since the Second Tranche announcement, €187,393,142.03 was invested for 620,677 shares on EXM.
- Additionally, $40,797,556.26 (€35,241,239.97) was invested for 118,319 shares on NYSE for the Second Tranche.
- As of July 30, 2026, Ferrari held 1,514,061 common shares in treasury, representing 0.85% of issued shares.
- Since January 5, 2026, Ferrari purchased 1,624,441 own common shares for a total of €483,392,467.03.
Price Impact
More from RACE