BuybackJul 20, 2026, 01:16 PM
Ferrari Reports €17.68M Share Buyback (July 13-17)
AI Summary
Ferrari N.V. has issued a periodic report on its share buyback program, detailing purchases made between July 13 and July 17, 2026. During this period, the company acquired 53,932 common shares on Euronext Milan for a total consideration of €17,685,767.51. These transactions are part of the €250 million Second Tranche, which contributes to a larger multi-year share buyback program targeting approximately €3.5 billion by 2030.
Key Highlights
- Ferrari purchased 53,932 common shares on Euronext Milan from July 13-17, 2026.
- The total consideration for these recent purchases was €17,685,767.51.
- Since April 10, 2026, €164.8 million was invested for 550,911 shares on EXM for the Second Tranche.
- An additional $40.8 million (€35.2 million) was invested for 118,319 shares on NYSE for the Second Tranche.
- As of July 17, 2026, Ferrari held 1,444,295 treasury shares, representing 0.81% of total issued shares.
- Since January 5, 2026, 1,554,675 shares have been purchased for €460.8 million under the multi-year program.
- The multi-year share buyback program aims for approximately €3.5 billion by 2030.
Price Impact
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