[6-K] Ferrari N.V. Current Report (Foreign Issuer)
Ferrari N.V. filed a report updating investors on progress of its ongoing share repurchase plans.
Rhea-AI Filing Summary
Ferrari N.V. filed a report updating investors on progress of its ongoing share repurchase plans. Under the €250 million first tranche of its multi-year €3.5 billion buyback program, the company repurchased 30,293 common shares on Euronext Milan between February 9 and 13, 2026 for €9,235,865.37 at an average price of €304.8845 per share, excluding fees.
Since the first tranche was announced, Ferrari has invested a total of €81,975,746.99 to buy 276,643 common shares. As of February 13, 2026, Ferrari held 16,921,249 common shares in treasury, equal to 8.73% of total issued common shares, and 9.18% of total issued share capital including special voting shares.
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Insights
Ferrari continues executing a sizable, multi-year share buyback, modestly increasing treasury holdings.
Ferrari is steadily advancing a planned €3.5 billion multi-year buyback, with a €250 million first tranche already underway. The latest weekly purchases totaled 30,293 shares for €9.24 million on Euronext Milan, with an average price of €304.8845 per share, excluding fees.
Cumulatively, €81.98 million has been deployed to repurchase 276,643 common shares since the first tranche announcement. Treasury stock reached 16,921,249 common shares, or 8.73% of issued common shares, and 9.18% of issued share capital including special voting shares, reflecting a meaningful but not extraordinary capital return effort.
The impact for investors depends on how the program progresses toward the approximately €3.5 billion target disclosed for execution by 2030. Subsequent company communications and future periodic buyback reports will further clarify the pace and scale of ongoing repurchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
