FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Rhea-AI Summary
Ferrari (NYSE:RACE) reported progress on its Euro 250 million Second Tranche share buyback, part of the multi-year Euro 3.5 billion program expected by 2030. Between May 11-15, 2026, it repurchased 97,327 shares for Euro 27,238,473.18 at an average price of Euro 279.8655.
Since the Second Tranche launch to May 15, 2026, Ferrari invested Euro 81.26 million on EXM and USD 11.50 million on NYSE. Since January 5, 2026, the overall program has acquired 1,197,782 shares for Euro 351,834,224.51. As of May 15, 2026, treasury shares were 17,732,008, equal to 9.14% of issued common shares (9.49% including special voting shares).
Positive
- 97,327 shares repurchased May 11-15, 2026 for Euro 27.24 million
- Average repurchase price in the reported week at Euro 279.8655 per share
- Euro 81.26 million invested on EXM in Second Tranche to May 15, 2026
- USD 11.50 million (Euro 9.82 million) invested on NYSE in Second Tranche
- 1,197,782 shares bought since Jan 5, 2026 for Euro 351.83 million
- Treasury holding at 17,732,008 common shares, 9.14% of issued common
Negative
- None.
News Market Reaction – RACE
In the May 18 session, RACE gained 1.11%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Maranello (Italy), May 18, 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) | (€) | (€) | ($) | ($) | (€)* | (€)* | (€)* | |||
| 11/05/2026 | 26,566 | 281.4885 | 7,478,023.49 | - | - | - | - | 26,566 | 281.4885 | 7,478,023.49 |
| 12/05/2026 | 5,623 | 277.1734 | 1,558,546.03 | 15,217 | 328.5773 | 4,999,960.77 | 4,259,636.03 | 20,840 | 279.1834 | 5,818,182.06 |
| 13/05/2026 | 13,000 | 278.3795 | 3,618,933.50 | - | - | - | - | 13,000 | 278.3795 | 3,618,933.50 |
| 14/05/2026 | 1,164 | 284.8954 | 331,618.25 | - | - | - | - | 1,164 | 284.8954 | 331,618.25 |
| 15/05/2026 | 25,000 | 279.2786 | 6,981,965.00 | 10,757 | 325.3452 | 3,499,738.32 | 3,009,750.88 | 35,757 | 279.4338 | 9,991,715.88 |
| 71,353 | 279.8633 | 19,969,086.27 | 25,974 | 327.2387 | 8,499,699.09 | 7,269,386.91 | 97,327 | 279.8655 | 27,238,473.18 | |
| Total | ||||||||||
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such Second Tranche till May 15, 2026, the total invested consideration has been:
Euro 81,258,308.18 for No. 277,487 common shares purchased on the EXM- USD 11,499,218.14 (
Euro 9,817,831.30 *) for No. 34,850 common shares purchased on the NYSE.
As of May 15, 2026 the Company held in treasury No. 17,732,008 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).
For further information:
Media Relations
Email: media@ferrari.com
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