BuybackJun 22, 2026, 09:12 AM
Ferrari Updates on €250M Share Buyback Program
AI Summary
Ferrari N.V. reported periodic purchases under its €250 million share buyback program, which is the second tranche of a larger €3.5 billion multi-year program. Between June 11 and June 19, 2026, the company purchased 55,223 common shares for a total consideration of €17,176,469.87. Since the second tranche's announcement, Ferrari has invested a total of €148,969,999.45 to acquire 509,019 common shares.
Key Highlights
- Purchased 55,223 common shares between June 11 and June 19, 2026.
- Total consideration for these purchases was €17,176,469.87.
- Since the second tranche began, 427,782 shares purchased on EXM for €125,381,403.07.
- Since the second tranche began, 81,237 shares purchased on NYSE for €23,588,607.38.
- As of June 19, 2026, Ferrari held 17,928,690 common shares in treasury.
- Treasury shares represent 9.25% of total issued common shares.
- Since the multi-year program started (Jan 5, 2026), 1,394,464 shares purchased for €409,728,095.47.
Price Impact
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