BuybackJun 11, 2026, 03:07 PM
Ferrari Reports Buyback of 30,899 Shares for €9.3M in Early June
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 program. Between June 3 and June 10, 2026, the company repurchased 30,899 common shares on Euronext Milan for a total consideration of Euro 9.3 million. Since the second tranche's announcement, Ferrari has invested over Euro 131 million to buy back 453,796 shares on both EXM and NYSE. As of June 10, 2026, Ferrari held 17,873,467 treasury shares, representing 9.22% of its total issued common shares.
Key Highlights
- Ferrari purchased 30,899 common shares on Euronext Milan from June 3-10, 2026.
- The total consideration for these purchases was Euro 9,304,162.65.
- The average price per share for these transactions was Euro 301.1153.
- Since the Second Tranche announcement (April 10, 2026) until June 10, 2026, Ferrari invested Euro 131,793,540.58 to buy 453,796 shares.
- As of June 10, 2026, Ferrari held 17,873,467 treasury common shares, representing 9.22% of total issued common shares.
- Since January 5, 2026, Ferrari has purchased 1,339,241 own common shares for Euro 392,551,625.61 under its multi-year program.
Price Impact
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