BuybackJun 29, 2026, 10:02 AM
Ferrari Updates €250M Buyback Program, Purchases 62,641 Shares
AI Summary
Ferrari N.V. provided an update on its share buyback program, detailing purchases made between June 22 and June 26, 2026. The company bought 62,641 common shares for approximately €19.1 million during this period. These transactions are part of the €250 million second tranche of a larger multi-year share buyback program totaling approximately €3.5 billion by 2030. 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 for €19,110,122.91 between June 22-26, 2026.
- The purchases are part of a €250 million second tranche of a multi-year €3.5 billion buyback program.
- Since the second tranche announcement (April 10, 2026) until June 26, 2026, €168,080,133.36 was invested for 571,660 common shares.
- As of June 26, 2026, Ferrari held 17,991,331 common shares in treasury, representing 9.28% of issued shares.
- Since January 5, 2026, Ferrari has purchased 1,457,105 common shares for €428,838,218.38 under the multi-year program.
Price Impact
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