BuybackJun 22, 2026, 06:25 AM
Ferrari Buys Back 55,223 Shares for €17.18M in Latest Update
AI Summary
Ferrari N.V. provided an update on its Euro 250 million share buyback program, which is the second tranche of a larger Euro 3.5 billion multi-year plan. From June 11 to June 19, 2026, the company repurchased an additional 55,223 common shares for a total consideration of Euro 17.18 million. Since the announcement of this second tranche, Ferrari has bought back 509,019 shares for approximately Euro 149 million. As of June 19, 2026, Ferrari held 17.93 million treasury shares, representing 9.25% of its total issued common shares.
Key Highlights
- Repurchased 55,223 common shares from June 11-19, 2026.
- Recent buyback consideration totaled Euro 17.18 million.
- Total 509,019 shares bought back in second tranche to date.
- Second tranche consideration reached Euro 148.97 million.
- Total 1,394,464 shares purchased since multi-year program start.
- Total consideration of Euro 409.73 million since multi-year program start.
- Held 17.93 million treasury shares (9.25% of issued) as of June 19, 2026.
Price Impact
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