Ferrari updates share buyback progress through Jan 16
Ferrari N.V. reports progress on its share buyback programs.
Rhea-AI Filing Summary
Ferrari N.V. reports progress on its share buyback programs. Under the Euro 250 million first tranche of the multi-year approximately Euro 3.5 billion buyback expected to be executed by 2030, the company repurchased 45,500 common shares on Euronext Milan between January 12 and January 16, 2026 for a total consideration of Euro 14,158,701.50 at an average price of Euro 311.1803 per share, excluding fees.
Since the announcement of the first tranche through January 16, 2026, Ferrari invested Euro 26,579,584.35 to repurchase 84,500 common shares on Euronext Milan. As of January 16, 2026, it held 16,729,106 common shares in treasury, equal to 8.63% of the total issued common shares, and 9.10% of the total issued share capital including special voting shares.
Positive
- None.
Negative
- None.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ferrari (RACE) disclose in this Form 6-K?
What is the total amount Ferrari (RACE) has invested in the first tranche buyback so far?
What is the size and timeline of Ferrari (RACE)'s multi-year buyback program?
Where can investors find detailed Ferrari (RACE) buyback transaction data?
AI-generated analysis. How Rhea-AI works. Not financial advice.
