STOCK TITAN

Ferrari (NYSE: RACE) details June share repurchases in €3.5B buyback

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

Rhea-AI Filing Summary

Ferrari N.V. reports further repurchases under its multi-year share buyback program. In early June 2026, the company bought 30,899 common shares on Euronext Milan at an average price of €301.1153, for total consideration of €9,304,162.65, excluding fees.

Since launching the current €250 million second tranche in April 2026, Ferrari has invested €114,240,803.52 for 391,709 shares on EXM and USD 20,498,780.80 (equivalent to €17,552,737.06) for 62,087 shares on the NYSE. As of June 10, 2026, it held 17,873,467 treasury shares, equal to 9.22% of issued common shares, or 9.55% of total share capital including special voting shares.

From the start of the broader €3.5 billion multi-year buyback on January 5, 2026 through June 10, 2026, Ferrari has repurchased 1,339,241 common shares across EXM and NYSE for a total of €392,551,625.61.

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June EXM repurchases 30,899 shares Common shares bought on EXM in early June 2026
Average June EXM price €301.1153 per share Average price for 30,899 shares, excluding fees
June EXM consideration €9,304,162.65 Total cost of early June 2026 EXM repurchases
Second Tranche EXM spend €114,240,803.52 Invested for 391,709 shares on EXM under Second Tranche
Second Tranche NYSE spend USD 20,498,780.80 Invested for 62,087 shares on NYSE under Second Tranche
Treasury shares held 17,873,467 shares Treasury position as of June 10, 2026
Treasury as % common 9.22% Portion of issued common shares held in treasury
Program-to-date buybacks 1,339,241 shares; €392,551,625.61 Total repurchases since January 5, 2026
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
"as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion"
treasury shares financial
"the Company held in treasury No. 17,873,467 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 9.55% 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 392,551,625.61"
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.
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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 June 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 June 11, 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: June 11, 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 June 11, 2026.





Exhibit 99.1

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


Maranello (Italy), June 11, 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

(€)
03/06/2026EXM8,000297.67152,381,372.00
04/06/2026EXM3,614297.77681,076,165.36
05/06/2026EXM8,000300.44602,403,568.00
08/06/2026EXM1,285299.6796385,088.29
10/06/2026EXM10,000305.79693,057,969.00
Total30,899301.11539,304,162.65

(*) 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 June 10, 2026, the total invested consideration has been:
Euro 114,240,803.52 for No. 391,709 common shares purchased on the EXM
USD 20,498,780.80 (Euro 17,552,737.06*) for No. 62,087 common shares purchased on the NYSE.

As of June 10, 2026 the Company held in treasury No. 17,873,467 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 9.22% of the then total issued common shares. Including the special voting shares, the Company held in treasury 9.55% of the then total issued share capital. For the avoidance of doubt, the cancellation of treasury shares, as approved















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




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.

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 June 10, 2026, the Company has purchased a total of 1,339,241 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 392,551,625.61.


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

What did Ferrari (RACE) announce in its June 2026 buyback update?

Ferrari reported additional share repurchases under its ongoing multi-year buyback. In early June 2026, it acquired 30,899 common shares on Euronext Milan for €9,304,162.65, continuing execution of its previously announced capital return plan.

How many Ferrari shares were repurchased in early June 2026 and at what price?

Ferrari bought 30,899 common shares on Euronext Milan in early June 2026. The average purchase price was €301.1153 per share, for total consideration of €9,304,162.65, excluding fees, under the second tranche of its share buyback program.

What is the size of Ferrari’s current and overall share buyback programs?

Ferrari’s current second tranche is a €250 million share buyback launched in April 2026. This forms part of a larger approximately €3.5 billion multi-year buyback program expected to be executed by 2030, as outlined at the 2025 Capital Markets Day.

How much has Ferrari invested so far in the second tranche of its buyback?

Since announcing the second tranche, Ferrari has invested €114,240,803.52 for 391,709 shares on Euronext Milan and USD 20,498,780.80 (about €17,552,737.06) for 62,087 shares on the NYSE, based on stated exchange rates for each purchase date.

What percentage of its shares does Ferrari hold in treasury as of June 10, 2026?

As of June 10, 2026, Ferrari held 17,873,467 common shares in treasury. This represented 9.22% of the then issued common shares and, including special voting shares, 9.55% of the company’s total issued share capital, before any approved cancellations.

How many shares has Ferrari repurchased since starting the multi-year program in January 2026?

From January 5, 2026 to June 10, 2026, Ferrari repurchased a total of 1,339,241 common shares on EXM and NYSE. The aggregate consideration for these own-share purchases, including transactions for Sell to Cover, amounted to €392,551,625.61.

Filing Exhibits & Attachments

1 document