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Ferrari (RACE) details treasury share build-up under €3.5B buyback

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

Rhea-AI Filing Summary

Ferrari N.V. reported recent activity under its ongoing share buyback program. On June 29 and 30, 2026, the company repurchased 15,638 common shares on the NYSE at an average price of $370.8518 per share, for total consideration of $5,799,379.81 (€5,087,084.37).

Under the €250 million Second Tranche of the multi-year €3.5 billion buyback program, Ferrari has invested €137,925,977.76 for 468,979 shares on EXM and $40,797,556.26 (€35,241,239.97) for 118,319 shares on the NYSE. As of July 3, 2026, it held 18,006,969 treasury common shares, equal to 9.29% of issued common shares, and 9.60% of total share capital including special voting shares.

Since the program’s start on January 5, 2026, Ferrari has repurchased 1,472,743 common shares on EXM and NYSE, including Sell to Cover transactions, for a total of €433,925,302.76.

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June 29-30 NYSE shares repurchased 15,638 shares Common shares purchased on NYSE on 29/06/2026 and 30/06/2026
Average repurchase price $370.8518 per share Average price per share excluding fees for June 29-30 NYSE trades
June 29-30 NYSE consideration $5,799,379.81 Total consideration excluding fees for 15,638 NYSE shares
Second Tranche EXM investment €137,925,977.76 For 468,979 common shares purchased on EXM through July 3, 2026
Second Tranche NYSE investment $40,797,556.26 For 118,319 common shares purchased on NYSE through July 3, 2026
Treasury common shares held 18,006,969 shares As of July 3, 2026, 9.29% of issued common shares
Total buyback since Jan 5, 2026 1,472,743 shares; €433,925,302.76 Own common shares purchased on EXM and NYSE including Sell to Cover
Planned multi-year buyback size €3.5 billion Expected to be executed by 2030 per 2025 Capital Markets Day
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.
multi-year share buyback program financial
"the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030"
treasury shares financial
"the Company held in treasury No. 18,006,969 common shares, net of shares assigned"
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 9.60% of the then total issued share capital"
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 of Euro 433,925,302.76"
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.
Annual General Meeting of Shareholders regulatory
"the cancellation of treasury shares, as approved by the Annual General Meeting of Shareholders of the Company"
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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 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 6, 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 6, 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 6, 2026.








Exhibit 99.1



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




Maranello (Italy), July 6, 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 New York Stock Exchange (NYSE) as follows:


Trading
Date
(dd/mm/yyyy)



Stock
 Exchange




Number of common shares purchased


Average price per share
excluding fees

($)



Consideration
 excluding fees

($)

Consideration
excluding fees

(€)
29/06/2026NYSE8,108369.96222,999,653.522,629,890.86
30/06/2026NYSE7,530371.80962,799,726.292,457,193.51
Total15,638370.85185,799,379.815,087,084.37

(*) 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 3, 2026, the total invested consideration has been:
Euro 137,925,977.76 for No. 468,979 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 3, 2026 the Company held in treasury No. 18,006,969 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 9.29% of the then total issued common shares. Including the special voting shares, the Company held in treasury 9.60% 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
corporateweba.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 3, 2026, the Company has purchased a total of 1,472,743 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 433,925,302.76.


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

FAQ

How many Ferrari (RACE) shares were repurchased on June 29-30, 2026?

Ferrari repurchased 15,638 common shares on June 29-30, 2026. These NYSE purchases were made at an average price of $370.8518 per share, for total consideration of $5,799,379.81, equivalent to €5,087,084.37 based on European Central Bank exchange rates.

What is the size of Ferrari (RACE)'s current share buyback tranches?

Ferrari is executing a €250 million Second Tranche within a €3.5 billion program. The multi-year buyback, expected to run through 2030, follows disclosure from the 2025 Capital Markets Day and includes purchases on both EXM and the NYSE.

How much has Ferrari (RACE) invested so far in the Second Tranche buyback?

Ferrari has invested €137,925,977.76 on EXM and $40,797,556.26 on NYSE in the Second Tranche. These amounts correspond to 468,979 common shares on EXM and 118,319 common shares on the NYSE through July 3, 2026.

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

As of July 3, 2026, Ferrari held 18,006,969 treasury common shares. This represented 9.29% of the then total issued common shares, and 9.60% of the total issued share capital when including the company’s special voting shares.

How many total shares has Ferrari (RACE) repurchased since January 5, 2026?

Since January 5, 2026, Ferrari has repurchased 1,472,743 common shares. These EXM and NYSE purchases, including Sell to Cover transactions, were made under the multi-year buyback program for a total consideration of €433,925,302.76.

Has Ferrari (RACE) cancelled any treasury shares authorized by shareholders?

The cancellation of Ferrari’s treasury shares approved on April 15, 2026 has not yet been effectuated. The stated treasury ownership percentages therefore exclude this future cancellation, as it was not implemented by July 3, 2026.

Filing Exhibits & Attachments

1 document