Ferrari details progress of €3.5B share buyback

Ferrari N.V. reports progress on its share repurchase activity under the €250,000,000 first tranche of its multi-year buyback program of approximately €3,500,000,000 expected to be executed by 2030.

Accepted by SEC EDGAR 03/23/2026 - 02:47 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Ferrari N.V. reports progress on its share repurchase activity under the €250,000,000 first tranche of its multi-year buyback program of approximately €3,500,000,000 expected to be executed by 2030. Between March 16 and March 20, 2026, the company bought a total of 114,267 common shares on Euronext Milan and the New York Stock Exchange for aggregate consideration of €32,541,555.46, based on daily average prices translated at European Central Bank reference rates.

Since the announcement of this first tranche, Ferrari has invested €152,977,963.50 to purchase 514,493 common shares on Euronext Milan and USD 39,497,800.07 (equivalent to €34,147,111.20) for 115,248 common shares on the NYSE. As of March 20, 2026, Ferrari held 17,274,347 common shares in treasury, equal to 8.91% of issued common shares and 9.31% of total issued share capital including special voting shares. From the start of the multi-year buyback program on January 5, 2026 through March 20, 2026, the company has acquired 629,741 of its own common shares across both exchanges for a total consideration of €187,125,074.70.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Ferrari (RACE) shares were repurchased in the March 16–20, 2026 period?

Ferrari repurchased 114,267 common shares between March 16 and March 20, 2026. These were bought on Euronext Milan and the New York Stock Exchange for total consideration of €32,541,555.46, based on daily average prices and ECB reference exchange rates.

What is the size of Ferrari (RACE)’s current share buyback tranche?

Ferrari is executing a €250,000,000 share buyback program as the first tranche of a larger multi-year plan. This tranche forms part of an approximately €3,500,000,000 buyback expected to be carried out by 2030, consistent with guidance from the 2025 Capital Markets Day.

How much has Ferrari (RACE) invested so far in the first buyback tranche?

Since the first tranche announcement, Ferrari has invested €152,977,963.50 to repurchase 514,493 common shares on Euronext Milan. It also spent USD 39,497,800.07, equivalent to €34,147,111.20, to acquire 115,248 common shares on the New York Stock Exchange under the same tranche.

What proportion of its shares does Ferrari (RACE) now hold in treasury?

As of March 20, 2026, Ferrari held 17,274,347 common shares in treasury. This represents 8.91% of the total issued common shares and, including special voting shares, 9.31% of the company’s total issued share capital following recent repurchases.

What is the total scale of Ferrari (RACE)’s multi-year buyback program?

Ferrari has a multi-year share buyback program of approximately €3,500,000,000 expected to be executed by 2030. The current €250,000,000 first tranche is part of this broader plan outlined during the 2025 Capital Markets Day presentation.

How many Ferrari (RACE) shares have been repurchased since the multi-year program started?

From January 5, 2026, the start of the multi-year buyback program, until March 20, 2026, Ferrari repurchased a total of 629,741 of its own common shares on Euronext Milan and the NYSE, for aggregate consideration of €187,125,074.70, including Sell to Cover transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________________

FORM 6-K

_______________________________

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File No. 001-37596

_______________________________

FERRARI N.V.

(Translation of Registrant’s Name Into English)

_______________________________

Via Abetone Inferiore n.4

I-41053 Maranello (MO)

Italy

Tel. No.: +39 0536 949111

(Address of Principal Executive Offices)

_______________________________

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F x Form 40-F o

The following exhibit is furnished herewith:

Exhibit 99.1 Press release issued by Ferrari N.V. dated March 23, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: March 23, 2026			FERRARI N.V.
			By:			/s/ Antonio Picca Piccon
						Name:			Antonio Picca Piccon
						Title:			Chief Financial Officer

Index of Exhibits

Exhibit

Number Description of Exhibit

99.1        Press release issued by Ferrari N.V. dated March 23, 2026.

Exhibit 99.1

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Maranello (Italy), March 23, 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on December 16, 2025, as the first tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “First Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

			EXM									NYSE												Total
Trading   Date  (d/m/y)			Number of  common shares purchased			Average  price per  share excluding fees (€)			Consideration excluding fees (€)			Number of  common shares  purchased			Average price per share excluding fees ($)			Consideration excluding fees ($)			Consideration excluding fees (€)*			Number of  common  shares purchased			Average price per share excluding fees (€)*			Consideration excluding fees (€)*
16/03/2026			16,000			287.4656			4,599,449.60			15,007			333.1659			4,999,820.66			4,356,003.36			31,007			288.8204			8,955,452.96
17/03/2026			13,000			292.2332			3,799,031.60			—			—			—			—			13,000			292.2332			3,799,031.60
18/03/2026			15,500			290.8617			4,508,356.35			8,086			333.8920			2,699,850.71			2,347,696.27			23,586			290.6831			6,856,052.62
19/03/2026			17,000			280.8110			4,773,787.00			12,674			315.5808			3,999,671.06			3,481,304.78			29,674			278.1928			8,255,091.78
20/03/2026			17,000			275.0545			4,675,926.50			—			—			—			—			17,000			275.0545			4,675,926.50
Total			78,500			284.7968			22,356,551.05			35,767			327.0988			11,699,342.43			10,185,004.41			114,267			284.7852			32,541,555.46

(*) 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 March 20, 2026, the total invested consideration has been:

•Euro 152,977,963.50 for No. 514,493 common shares purchased on the EXM

•USD 39,497,800.07 (Euro 34,147,111.20*) for No. 115,248 common shares purchased on the NYSE.

As of March 20, 2026 the Company held in treasury No. 17,274,347 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 8.91% of the total issued common shares. Including the special voting shares, the Company held in treasury 9.31% of the total issued share capital.

Ferrari N.V.
Amsterdam, The Netherlands Registered Office:
Via Abetone Inferiore N. 4,
I – 41053 Maranello (MO) Italy Dutch trade registration number:
64060977

Since January 5, 2026, start date of the multi-year share buyback program of approximately Euro 3.5 billion announced during the 2025 Capital Markets Day, until March 20, 2026, the Company has purchased a total of 629,741 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 187,125,074.70.

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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Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 39.7 KB