Ferrari (NYSE: RACE) expands multi-year €3.5bn buyback with new €15.7m repurchases
Rhea-AI Filing Summary
Ferrari N.V. reports further progress on its share buyback program. Under the €250 million first tranche of the multi-year buyback of approximately €3.5 billion expected to be executed by 2030, the company repurchased 54,200 common shares on Euronext Milan between January 19 and January 23, 2026, for total consideration of €15,678,758.09 at an average price of €289.2760 per share, excluding fees.
Since the announcement of the first tranche, Ferrari has invested €42,258,342.44 to buy 138,700 common shares. As of January 23, 2026, Ferrari held 16,783,306 common shares in treasury, net of shares assigned under its equity incentive plan, equal to 8.65% of total issued common shares, and 9.12% of total issued share capital including special voting shares.
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FAQ
How many Ferrari (RACE) shares were repurchased in this update?
Ferrari repurchased 54,200 common shares on Euronext Milan between January 19 and January 23, 2026, under its ongoing share buyback program.
What was the total amount Ferrari (RACE) spent on these latest buybacks?
For this set of transactions, Ferrari spent a total consideration of €15,678,758.09, excluding fees, at an average price of €289.2760 per share.
How much has Ferrari invested so far in the first tranche of its buyback program?
Since the announcement of the first tranche, Ferrari has invested €42,258,342.44 to repurchase 138,700 common shares on Euronext Milan and the NYSE.
What portion of Ferrari’s share capital is currently held in treasury?
As of January 23, 2026, Ferrari held 16,783,306 common shares in treasury, equal to 8.65% of total issued common shares and 9.12% of total issued share capital including special voting shares.
What is the total size and timeline of Ferrari’s multi-year buyback program?
The multi-year share buyback program is for approximately €3.5 billion, expected to be executed by 2030, in line with disclosures from Ferrari’s 2025 Capital Markets Day.
Where can investors find detailed daily data on Ferrari’s buyback transactions?
Ferrari provides a comprehensive overview of buyback transactions on its corporate website under the Buyback Programs section at https://www.ferrari.com/en-EN/corporate/buyback-programs.
