BuybackOct 19, 2026, 11:26 AM
Ferrari Buys Back 34,212 Shares in Mid-October
AI Summary
Ferrari N.V. has reported its latest share repurchases under its ongoing buyback program. Between October 12 and October 16, 2026, the company acquired 34,212 common shares on the Euronext Milan exchange for a total consideration of €11,957,818.56. This activity is part of the third tranche of a larger Euro 250 million buyback program, which itself is a component of a multi-year share repurchase initiative targeting approximately Euro 3.5 billion by 2030. As of October 16, 2026, Ferrari held 1,956,139 common shares in treasury.
Key Highlights
- Ferrari purchased 34,212 common shares on Euronext Milan (EXM) between October 12-16, 2026, for an average price of €349.52 per share.
- Total consideration for these purchases was €11,957,818.56.
- Since the announcement of the Third Tranche, Ferrari has invested €101,489,146.24 on EXM and $31,498,189.59 (approx. €27.5M) on NYSE.
- As of October 16, 2026, Ferrari held 1,956,139 common shares in treasury, representing 1.10% of issued shares.
- The multi-year share buyback program, announced during the 2025 Capital Markets Day, aims for approximately €3.5 billion by 2030.
- Since January 5, 2026, Ferrari has repurchased 2,066,519 shares for a total consideration of €639,704,059.93.
Price Impact
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