Ferrari (NYSE: RACE) lifts treasury stake with January buybacks
Rhea-AI Filing Summary
Ferrari N.V. reports progress on its share repurchase plan, buying 54,500 common shares on Euronext Milan between January 26 and 30, 2026 for about Euro 15.37 million at an average price of Euro 282.1015 per share, excluding fees.
Since the start of the First Tranche of its Euro 250 million buyback, Ferrari has invested Euro 57.63 million to repurchase 193,200 common shares. As of January 30, 2026, it held 16,837,806 treasury common shares, equal to 8.68% of issued common shares, or 9.14% of total share capital including special voting shares, within a multi-year buyback program of approximately Euro 3.5 billion expected to be executed by 2030.
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FAQ
What does Ferrari (RACE) disclose in its latest buyback update?
Ferrari reports new repurchases under its ongoing share buyback program. It bought 54,500 common shares on Euronext Milan between January 26 and 30, 2026 for about Euro 15.37 million, contributing to a larger multi-year plan totaling approximately Euro 3.5 billion by 2030.
How many Ferrari (RACE) shares were repurchased in late January 2026?
Ferrari repurchased 54,500 common shares between January 26 and 30, 2026. The average price paid was Euro 282.1015 per share, excluding fees, for a total cash consideration of Euro 15,374,530.30 as part of the Euro 250 million First Tranche buyback program.
What is the total Ferrari (RACE) buyback since the First Tranche started?
Since the First Tranche was announced, Ferrari has repurchased 193,200 common shares for a total consideration of Euro 57,632,872.74. These purchases form part of the Euro 250 million First Tranche within a broader multi-year share buyback program of approximately Euro 3.5 billion.
How many Ferrari (RACE) treasury shares are now held and what percentage is this?
As of January 30, 2026, Ferrari held 16,837,806 common shares in treasury, after equity incentive assignments. This represents 8.68% of total issued common shares, and 9.14% of total issued share capital when including special voting shares, reflecting cumulative buybacks over time.
What is the size and horizon of Ferrari’s (RACE) multi-year buyback program?
Ferrari has a multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030. The current Euro 250 million First Tranche, announced on December 16, 2025, is the initial phase of this longer-term capital return initiative.
On which markets is Ferrari (RACE) executing its share repurchases?
Ferrari executes repurchases on Euronext Milan and the NYSE. The January 26–30, 2026 transactions, totaling 54,500 shares, occurred on Euronext Milan. Since January 5, 2026, 193,200 common shares have been bought across Euronext Milan and NYSE, including Sell to Cover transactions.
