Welcome to our dedicated page for Ferrari N V news (Ticker: RACE), a resource for investors and traders seeking the latest updates and insights on Ferrari N V stock.
Ferrari N.V. reports developments tied to its luxury performance-car business, including vehicle mix, personalization demand, product introductions, guidance, and profitability metrics such as EBIT, EBITDA, earnings per share, and industrial free cash flow. The company designs, engineers, and manufactures Ferrari cars and generates additional activity from racing, sponsorship, commercial, and brand-related operations.
Recurring updates also cover shareholder actions for RACE, including annual general meeting votes, dividend proposals and approvals, common-share repurchase programs, treasury-share disclosures, annual reports, sustainability reporting, and listings on the New York Stock Exchange and Euronext Milan.
Ferrari N.V. (NYSE/EXM: RACE) has announced its corporate calendar for 2025, outlining key dates for financial disclosures and shareholder events. The company will release its quarterly earnings reports on: February 4 (Q4 and full-year 2024), May 6 (Q1 2025), July 31 (Q2 2025), and November 4 (Q3 2025).
Each earnings release will be accompanied by a conference call for financial analysts, with live webcasts and related materials available on Ferrari's corporate website. The Annual General Meeting is scheduled for April 16, 2025, where shareholders will vote on the approval of the company's 2024 financial statements.
Ferrari N.V. (NYSE/EXM: RACE) has reported its latest share buyback activities under the Euro 150 million program announced on December 5, 2024. This represents the sixth tranche of their larger Euro 2 billion multi-year buyback program set to run through 2026.
From January 2-10, 2025, Ferrari purchased 47,120 common shares on the Euronext Milan (EXM) at an average price of €412.4795, totaling €19,436,031.90. Since the sixth tranche began, the company has invested:
- €55,709,289.30 for 132,860 shares on EXM
- $10,969,297.64 (€10,469,630.39) for 25,020 shares on NYSE
As of January 10, 2025, Ferrari held 14,926,288 treasury shares, representing 5.81% of total issued share capital. Since the multi-year program's start on July 1, 2022, Ferrari has purchased 4,103,524 shares across EXM and NYSE, with a total investment of €1,238,915,375.74.
Ferrari N.V. (NYSE/EXM: RACE) has provided an update on its share buyback program. Under the recently announced Euro 150 million sixth tranche of their multi-year buyback program, the company has made significant purchases between December 16-19, 2024. The total investment includes:
- Euro 36,273,257.40 for 85,740 shares on EXM - USD 10,969,297.64 (Euro 10,469,630.39) for 25,020 shares on NYSE
As of December 19, 2024, Ferrari holds 14,879,168 treasury shares, representing 5.79% of total issued share capital. Since the program's inception on July 1, 2022, Ferrari has purchased 4,056,404 shares for a total consideration of Euro 1,219,479,343.84 as part of their Euro 2 billion multi-year buyback program expected to be executed by 2026.
Ferrari N.V. (NYSE/EXM: RACE) has provided an update on its Euro 150 million share buyback program announced on December 5, 2024. This represents the sixth tranche of their multi-year Euro 2 billion buyback program expected to run through 2026.
Between December 6-13, 2024, Ferrari purchased:
- 45,980 shares on EXM for €19,741,895.00
- 5,513 shares on NYSE for $2,499,852.21 (€2,382,854.07)
As of December 13, 2024, Ferrari held 14,819,901 treasury shares, representing 5.77% of total issued share capital. Since the program's inception on July 1, 2022, Ferrari has purchased 3,997,137 shares for a total consideration of Euro 1,194,861,205.11.
Ferrari (NYSE/EXM: RACE) has announced a multi-year agreement with Andretti Formula Racing, set to begin in 2026. Under this agreement, Ferrari will supply power units and gearboxes to the Andretti racing team, which is led by TWG Global and General Motors. The agreement is contingent upon Andretti Formula Racing receiving official confirmation and approval from the FIA for their entry into the 2026 FIA Formula One Championship.
Ferrari N.V. (NYSE/EXM: RACE) has provided an update on its Euro 250 million share buyback program announced on June 28, 2024. This represents the fifth tranche of their multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026. Between November 13-20, 2024, Ferrari purchased 18,671 common shares on the NYSE at an average price of $433.79, totaling $8,099,230.10 (€7,658,668.37). As of November 21, 2024, Ferrari held 14,765,168 treasury shares, representing 5.75% of total issued share capital. Since the program's inception in July 2022, Ferrari has purchased 3,942,404 shares for a total consideration of Euro 1,171,406,136.74.
Ferrari N.V. (NYSE/EXM: RACE) has completed significant share buybacks under its €250 million program announced on June 28, 2024. This represents the fifth tranche of a larger €2 billion multi-year buyback program expected to run through 2026. Between November 4-6, 2024, Ferrari purchased 68,148 common shares on Euronext Milan for €28,173,908.18.
As of November 8, 2024, the total invested amount reached €199,999,033.02 for 484,498 shares on EXM and $45,452,667.64 for 97,673 shares on NYSE. The company now holds 14,746,497 treasury shares, representing 5.74% of total issued share capital. Since the program's inception in July 2022, Ferrari has purchased 3,923,733 shares for a total of €1,163,747,468.36.
Ferrari reported strong Q3 2024 financial results with net revenues of €1,644 million, up 6.5% year-over-year. The company delivered 3,383 units, down 2.2% from the previous year. Adjusted EBIT reached €467 million, increasing 10.3% with a 28.4% margin. Adjusted net profit grew to €375 million, with adjusted diluted EPS at €2.08. The quarter saw strong product mix and increased personalizations, with hybrid models representing 55% of shipments. Industrial free cash flow was €364 million, and the company expressed increased confidence in its 2024 guidance.
Ferrari N.V. (NYSE/EXM: RACE) has reported its latest share buyback activities under the €250 million program announced on June 28, 2024. This represents the fifth tranche of their €2 billion multi-year buyback program expected to run through 2026. From October 28 to November 1, 2024, Ferrari purchased 18,300 common shares on the Euronext Milan (EXM) at an average price of €446.5533, totaling €8,171,925.21.
As of November 1, 2024, the total invested consideration since the fifth tranche announcement includes €171,825,124.84 for 416,350 shares on EXM and $45,452,667.64 for 97,673 shares on NYSE. The company now holds 14,678,349 treasury shares, representing 5.71% of total issued share capital.
Ferrari N.V. (NYSE/EXM: RACE) has provided an update on its share buyback program. Under the €250 million fifth tranche announced on June 28, 2024, Ferrari purchased 17,800 common shares on EXM between October 21-25, 2024, at an average price of €445.9434, totaling €7,937,793.27.
Since the fifth tranche announcement, Ferrari has invested €163,653,199.63 for 398,050 shares on EXM and USD 45,452,667.64 for 97,673 shares on NYSE. As of October 25, 2024, Ferrari held 14,661,389 treasury shares, representing 5.71% of total issued share capital.
This is part of Ferrari's larger €2 billion multi-year buyback program announced during the 2022 Capital Markets Day, under which the company has purchased 3,837,285 shares for €1,127,401,634.97 since July 1, 2022.