STOCK TITAN
  1. Home
  2. Sec-filings
  3. RACE
  4. [6-K] Ferrari N.V. Current Report (Foreign Issuer)

Ferrari updates 2026 share buyback activity

Ferrari N.V. provided an update on its ongoing share repurchase activity under the €250 million Second Tranche of its multi-year approximately €3.5 billion buyback program expected to run through 2030.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Ferrari N.V. provided an update on its ongoing share repurchase activity under the €250 million Second Tranche of its multi-year approximately €3.5 billion buyback program expected to run through 2030. On 8 and 9 July 2026, the company repurchased a total of 28,000 common shares on Euronext Milan at an average price of €328.4580 per share, for total consideration of €9,196,822.80 excluding fees.

From the start of the Second Tranche through 10 July 2026, Ferrari invested €147,122,800.56 to buy 496,979 shares on Euronext Milan and USD 40,797,556.26 (equivalent to €35,241,239.97) to buy 118,319 shares on the NYSE. As of 10 July 2026, Ferrari held 18,034,969 common shares in treasury, equal to 9.30% of issued common shares and 9.61% of total share capital including special voting shares, with cancellation of treasury shares approved but not yet effectuated.

Positive

  • None.

Negative

  • None.

Filing Explained

Ferrari completed €9,196,822.80 of purchases, bringing treasury holdings to 9.30%; approved cancellation remains uncompleted.

This Form 6-K, which furnishes a foreign private issuer’s material home-market information, reports Ferrari’s buyback activity through 2026-07-13. Ferrari completed purchases of 28,000 common shares on 2026-07-08 and 2026-07-09 for €9,196,822.80; the purchases add to the company’s treasury-share position, while the filing does not report cancellation as completed.

The purchases were made under a €250 million second tranche of a multi-year program described as approximately €3.5 billion expected to be executed by 2030. The tranche amount and the broader program describe the program’s stated scale, whereas the €9,196,822.80 is the consideration for the two reported trading days.

As of 2026-07-10, Ferrari reported holding 18,034,969 common shares in treasury, equal to 9.30% of then-issued common shares, or 9.61% including special voting shares. Since 2026-01-05, the program had produced purchases of 1,500,743 own common shares for total consideration of €443,122,125.56.

The supplied filing record shows earlier periodic buyback reports on 2026-06-11, 2026-06-22, 2026-06-29, and 2026-07-06, placing this disclosure in an ongoing reporting sequence. The April 15 shareholder-approved cancellation remains a specific open milestone because Ferrari says it had not yet been effectuated as of 2026-07-10.

Sources and calculations
Recent shares repurchased 28,000 shares Shares bought on EXM on 8–9 July 2026 under the Second Tranche
Recent buyback consideration €9,196,822.80 Total consideration for 28,000 shares, excluding fees, on 8–9 July 2026
Average repurchase price €328.4580 per share Weighted average price for 28,000 shares repurchased on EXM
Second Tranche size €250 million Size of the 2026 Second Tranche of the multi-year buyback program
Multi-year buyback program approximately €3.5 billion Total planned buyback amount expected to be executed by 2030
Total 2026 repurchases 1,500,743 shares Own common shares bought on EXM and NYSE from 5 January to 10 July 2026
Total 2026 buyback spend €443,122,125.56 Total consideration for 1,500,743 shares repurchased in 2026 to 10 July
Treasury share position 18,034,969 shares (9.30%) Common shares held in treasury as of 10 July 2026, as a percentage of issued common shares
share buyback program financial
"under the Euro 250 million share buyback program announced on April 10, 2026"
A share buyback program is when a company uses its cash to repurchase its own outstanding shares from the market, reducing the number of shares available to investors. That matters because it can raise the value of remaining shares and signal management's confidence in the business—similar to a bakery buying back unsold loafs to make each remaining loaf represent a larger share of its oven’s output—though buybacks can also affect cash available for other uses.
treasury shares financial
"the Company held in treasury No. 18,034,969 common shares"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
special voting shares financial
"Including the special voting shares, the Company held in treasury 9.61%"
Shares that carry extra or different voting power than ordinary shares, allowing their holders to control corporate decisions disproportionate to their economic stake. For investors this matters because these shares can concentrate control in the hands of a few — like owning the steering wheel while others own most of the car — which can affect board choices, strategic direction, minority shareholder influence and the value or liquidity of ordinary shares.
Sell to Cover financial
"including transactions for Sell to Cover, for a total consideration"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
Capital Markets Day financial
"announced on April 10, 2026... in line with the disclosure made during the 2025 Capital Markets Day"
A capital markets day is a scheduled event where a company presents its long-term strategy, financial plans and performance targets directly to investors, analysts and lenders. Think of it as a roadmap meeting where management shows how they plan to grow and use money; investors watch closely because the details can change expectations about future profits, risk and the stock’s value.

FAQ

What did Ferrari (RACE) repurchase in the latest buyback update?
Ferrari repurchased 28,000 common shares on Euronext Milan on 8–9 July 2026 for a total of €9,196,822.80, at an average price of €328.4580 per share, excluding fees.

How large is Ferrari’s (RACE) current share buyback program?
Ferrari is executing a €250 million Second Tranche within a multi-year share buyback program of approximately €3.5 billion expected to be completed by 2030, as outlined at its 2025 Capital Markets Day.

What has Ferrari (RACE) spent so far in the Second Tranche buyback?
From the Second Tranche launch through 10 July 2026, Ferrari invested €147,122,800.56 for 496,979 shares on EXM and USD 40,797,556.26 (about €35,241,239.97) for 118,319 shares on the NYSE.

How many Ferrari (RACE) shares are currently held in treasury?
As of 10 July 2026, Ferrari held 18,034,969 common shares in treasury, representing 9.30% of issued common shares and 9.61% of total share capital including special voting shares.

Has Ferrari (RACE) cancelled any treasury shares yet?
Treasury share cancellation was approved at the 15 April 2026 annual general meeting but had not yet been effectuated as of 10 July 2026, so it is not reflected in the reported percentages.

What is the total buyback activity for Ferrari (RACE) in 2026 so far?
From 5 January 2026 to 10 July 2026, Ferrari repurchased 1,500,743 own common shares on EXM and NYSE, including Sell to Cover transactions, for a total consideration of €443,122,125.56.

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

Form 6-K: How Foreign Companies Report to the SEC →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google



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 July 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 July 13, 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: July 13, 2026FERRARI 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 July 13, 2026.








Exhibit 99.1



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





Maranello (Italy), July 13, 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 April 10, 2026, as the second 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 “Second Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:


Trading
Date
(dd/mm/yyyy)



Stock
 Exchange




Number of common shares purchased


Average price per share
excluding fees

(€)



Consideration
 excluding fees

(€)
08/07/2026EXM18,000329.79365,936,284.80
09/07/2026EXM10,000326.05383,260,538.00
Total—28,000328.45809,196,822.80

(*) 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 July 10, 2026, the total invested consideration has been:
•Euro 147,122,800.56 for No. 496,979 common shares purchased on the EXM
•USD 40,797,556.26 (Euro 35,241,239.97*) for No. 118,319 common shares purchased on the NYSE.

As of July 10, 2026 the Company held in treasury No. 18,034,969 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 9.30% of the then total issued common shares. Including the special voting shares, the Company held in treasury 9.61% of the then total issued share capital. For the avoidance of doubt, the cancellation of treasury shares, as approved by the Annual General Meeting of Shareholders of the Company held on April 15, 2026, has not yet been effectuated and therefore has not been taken into account for such calculations.








Ferrari N.V.
Amsterdam, The Netherlands






Registered Office:
Via Abetone Inferiore N. 4,
I – 41053 Maranello (MO) Italy






Dutch trade registration number:
64060977
corporateweb.jpg










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 July 10, 2026, the Company has purchased a total of 1,500,743 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 443,122,125.56.


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
2

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

1 document

Press Releases

Keep reading

More on RACE

Trending in the feed

Open the live feed