BuybackJul 27, 2026, 05:39 AM
Ferrari Buys Back 57,800 Shares for €18.57M
AI Summary
Ferrari N.V. announced further share repurchases under its €250 million Second Tranche buyback program. Between July 20 and July 24, 2026, the company bought back 57,800 common shares on Euronext Milan for a total of €18.57 million. Since the start of this tranche, Ferrari has invested over €218 million to repurchase 727,030 shares across EXM and NYSE. The company's multi-year buyback program targets approximately €3.5 billion by 2030, with €479.38 million already invested since January 2026.
Key Highlights
- Ferrari purchased 57,800 common shares on Euronext Milan between July 20-24, 2026.
- Total consideration for these purchases was €18,574,242.14.
- Since the Second Tranche announcement, €183,382,810.21 was invested for 608,711 shares on EXM.
- Additionally, $40,797,556.26 (€35,241,239.97) was invested for 118,319 shares on NYSE.
- As of July 24, 2026, the Company held 1,502,095 treasury shares, representing 0.85% of issued shares.
- Since January 5, 2026, Ferrari purchased 1,612,475 shares for a total of €479,382,135.21.
- The multi-year share buyback program aims for approximately €3.5 billion by 2030.
Price Impact
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