BuybackJul 6, 2026, 10:21 AM
Ferrari Updates Buyback: €433.9M Spent, 1.47M Shares Repurchased
AI Summary
Ferrari N.V. provided an update on its share buyback program, reporting that a total of 1,472,743 common shares have been repurchased for €433,925,302.76 since the multi-year program began on January 5, 2026. This includes recent purchases of 15,638 common shares on the NYSE for $5,799,379.81 (€5,087,084.37) between June 29 and June 30, 2026. As of July 3, 2026, Ferrari held 18,006,969 treasury shares, corresponding to 9.29% of its total issued common shares.
Key Highlights
- Total 1,472,743 common shares repurchased for €433,925,302.76 since January 5, 2026.
- Second tranche (since April 10, 2026) total: €137.9M (EXM) + €35.2M (NYSE).
- Recent NYSE purchases (June 29-30): 15,638 shares for $5,799,379.81.
- As of July 3, 2026, 18,006,969 treasury shares held.
- Treasury shares represent 9.29% of common shares, 9.60% including special voting.
- Multi-year buyback program targets approximately €3.5 billion by 2030.
Price Impact
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