BuybackJun 29, 2026, 08:28 AM
Ferrari Continues Buyback, Purchases 62,641 Shares
AI Summary
Ferrari N.V. announced further share repurchases under its Euro 250 million share buyback program, which is the second tranche of a multi-year Euro 3.5 billion program. Between June 22 and June 26, 2026, the company purchased an additional 62,641 common shares for a total consideration of Euro 19.11 million. As of June 26, 2026, Ferrari held 17,991,331 common shares in treasury, representing 9.28% of its total issued common shares.
Key Highlights
- Ferrari purchased 62,641 common shares between June 22-26, 2026.
- The total consideration for these purchases was Euro 19,110,122.91.
- Since the Second Tranche announcement, 468,979 common shares were purchased on EXM for Euro 137,925,977.76.
- Additionally, 102,681 common shares were purchased on NYSE for USD 34,998,176.45 (Euro 30,154,155.60).
- As of June 26, 2026, the Company held 17,991,331 common shares in treasury.
- Treasury shares represent 9.28% of the total issued common shares.
- Since January 5, 2026, a total of 1,457,105 own common shares have been purchased.
- The total consideration for the multi-year program to date is Euro 428,838,218.38.
Price Impact
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