BuybackJun 11, 2026, 09:39 AM
Ferrari Buys Back 30,899 Shares on EXM; Total €392.5M in Multi-Year Program
AI Summary
Ferrari N.V. announced further share repurchases under its Euro 250 million buyback program (Second Tranche). From June 3-10, 2026, the company bought 30,899 common shares on Euronext Milan for approximately €9.3 million. Since the Second Tranche's announcement, Ferrari has invested over €114.2 million for 391,709 shares on EXM and $20.5 million for 62,087 shares on NYSE. As of June 10, 2026, Ferrari held 17,873,467 treasury shares, equivalent to 9.22% of its total issued common shares. Since the multi-year program began on January 5, 2026, Ferrari has repurchased 1,339,241 shares for a total consideration of €392.5 million.
Key Highlights
- Ferrari purchased 30,899 common shares on Euronext Milan from June 3-10, 2026, for €9,304,162.65.
- Since the Second Tranche announcement, €114,240,803.52 was invested for 391,709 shares on EXM.
- An additional $20,498,780.80 (€17,552,737.06) was invested for 62,087 shares on NYSE under the Second Tranche.
- As of June 10, 2026, Ferrari held 17,873,467 treasury common shares, representing 9.22% of total issued shares.
- Since January 5, 2026, the company has purchased 1,339,241 shares for a total of €392,551,625.61.
- The multi-year share buyback program targets approximately €3.5 billion by 2030.
Price Impact
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