BuybackJul 27, 2026, 06:51 AM

Ferrari Updates on Buyback: €18.57M Shares Purchased Last Week

AI Summary

Ferrari N.V. provided an update on its Euro 250 million share buyback program, the second tranche of a multi-year Euro 3.5 billion program. From July 20-24, 2026, the company purchased 57,800 common shares on Euronext Milan for approximately €18.57 million. As of July 24, 2026, the total invested consideration for the Second Tranche reached €183.38 million for shares on EXM and $40.80 million for shares on NYSE. The company held 1,502,095 treasury common shares, representing 0.85% of total issued common shares.

Key Highlights

Ferrari purchased 57,800 common shares on EXM for €18.57M from July 20-24, 2026.
Average price per share on EXM during this period was €321.3537.
Total invested consideration for the Second Tranche reached €183.38M for 608,711 shares on EXM.
An additional $40.80M (€35.24M) was invested for 118,319 shares on NYSE under the Second Tranche.
As of July 24, 2026, Ferrari held 1,502,095 treasury common shares, representing 0.85% of total.
Since January 5, 2026, 1,612,475 common shares were purchased for €479.38M under the multi-year program.

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