BuybackApr 27, 2026, 10:41 AM
RACE Continues Buyback; Purchases 58K Shares for 17.8M
AI Summary
Ferrari N.V. announced further share repurchases under its 250 million buyback program, which is the second tranche of a multi-year 3.5 billion program. From April 20-24, 2026, the company bought 58,000 common shares for 17.8 million. Since the second tranche's announcement, Ferrari has invested 29.7 million to acquire 97,037 common shares. As of April 24, 2026, Ferrari held 9.03% of its common shares in treasury.
Key Highlights
- Purchased 58,000 common shares for 17,835,971.30 from April 20-24, 2026.
- Average price per share was 307.5167 during this period.
- Total invested 29,675,805.69 for 97,037 common shares under the Second Tranche.
- Held 17,516,708 common shares in treasury, representing 9.03% of issued shares.
- Total 982,482 common shares purchased for 290,433,890.73 since January 5, 2026.
- Buyback is part of a multi-year 3.5 billion program expected by 2030.