StockWatch
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Auto Manufacturing
BuybackJul 13, 2026, 11:17 AM

Ferrari Buys Back 28,000 Shares for €9.2M; Total €443M Since Jan 2026

AI Summary

Ferrari N.V. reported additional share repurchases under its €250 million buyback program, which is the second tranche of a multi-year €3.5 billion program. From July 8-9, 2026, the company bought 28,000 common shares on Euronext Milan for approximately €9.2 million. Since the second tranche's announcement on April 10, 2026, Ferrari has invested over €182 million to repurchase 615,298 shares across EXM and NYSE. As of July 10, 2026, Ferrari held 9.30% of its common shares in treasury.

Key Highlights

  • Purchased 28,000 common shares on Euronext Milan from July 8-9, 2026.
  • Total consideration for these purchases was €9,196,822.80.
  • Average price per share on EXM was €328.4580 for the reported period.
  • Since April 10, 2026 (Second Tranche), €147,122,800.56 invested for 496,979 shares on EXM.
  • Since April 10, 2026, $40,797,556.26 (€35,241,239.97) invested for 118,319 shares on NYSE.
  • Total 1,500,743 shares purchased since January 5, 2026, for €443,122,125.56.
  • As of July 10, 2026, Ferrari held 18,034,969 treasury shares (9.30% of common shares).
  • Including special voting shares, treasury shares represent 9.61% of total issued share capital.