FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Rhea-AI Summary
Ferrari (NYSE: RACE) reported activity under its Euro 250 million first tranche of a multi-year Euro 3.5 billion buyback program.
Through April 6, 2026 the company purchased 788,793 common shares on EXM and NYSE for a total consideration of €232,058,803.48. Ferrari holds 17,433,399 treasury shares (8.99% of issued common shares; 9.38% including special voting shares).
Positive
- 788,793 shares repurchased through April 6, 2026 for buyback program
- €232,058,803.48 total consideration deployed under the program to April 6, 2026
- 17,433,399 treasury shares held, representing 8.99% of issued common shares
Negative
- Treasury holdings of 8.99% materially reduce the public free float
- €232.06m cash deployed to April 6, 2026 is a significant near-term capital commitment
News Market Reaction – RACE
In the Apr 7 session, RACE declined 1.10%, reflecting a mild negative market reaction. Our momentum scanner triggered 31 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Maranello (Italy), April 7 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the
| EXM | NYSE | Total | ||||||||
| Trading | Number of common shares purchased | Average price per share | Consideration excluding fees | Number of common shares purchased | Average price per share | Consideration excluding fees | Consideration excluding fees | Number of common shares purchased | Average price per share | Consideration excluding fees |
| Date | excluding fees | excluding fees | excluding fees | |||||||
| (d/m/y) | (€) | (€) | ($) | ($) | (€)* | (€)* | (€)* | |||
| 30/03/2026 | 12,000 | 283.4512 | 3,401,414.40 | - | - | - | - | 12,000 | 283.4512 | 3,401,414.40 |
| 31/03/2026 | 15,000 | 287.2463 | 4,308,694.50 | - | - | - | - | 15,000 | 287.2463 | 4,308,694.50 |
| 01/04/2026 | 2,000 | 296.7003 | 593,400.60 | - | - | - | - | 2,000 | 296.7003 | 593,400.60 |
| 02/04/2026 | 7,500 | 291.9524 | 2,189,643.00 | 14,693 | 340.2665 | 4,999,535.68 | 4,337,991.92 | 22,193 | 294.1304 | 6,527,634.92 |
| 36,500 | 287.4836 | 10,493,152.50 | 14,693 | 340.2665 | 4,999,535.68 | 4,337,991.92 | 51,193 | 289.7104 | 14,831,144.42 | |
| Total | ||||||||||
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such First Tranche till April 6, 2026, the total invested consideration has been:
Euro 187,515,724.80 for No. 636,993 common shares purchased on the EXM
- USD 51,496,949.38 (
Euro 44,543,078.68 *) for No. 151,800 common shares purchased on the NYSE.
As of April 6, 2026 the Company held in treasury No. 17,433,399 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to
Since January 5, 2026, start date of the multi-year share buyback program of approximately
A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (https://www.ferrari.com/en-EN/corporate/buyback-programs).
