STOCK TITAN
  1. Home
  2. Sec-filings
  3. RACE
  4. [6-K] Ferrari N.V. Current Report (Foreign Issuer)

Ferrari N.V. (NYSE: RACE) details latest purchases in €3.5B buyback

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

Rhea-AI Filing Summary

Ferrari N.V. reports recent activity under its €250 million Second Tranche of the multi-year share buyback program of approximately €3.5 billion expected to run through 2030. On July 27-28, 2026, it repurchased 11,966 common shares on Euronext Milan for total consideration of €4,010,331.82 at an average price of €335.1439 per share, excluding fees.

From the start of the Second Tranche through July 30, 2026, Ferrari invested €187,393,142.03 for 620,677 shares on EXM and USD 40,797,556.26 (equivalent to €35,241,239.97) for 118,319 shares on the NYSE. As of July 30, 2026, it held 1,514,061 common shares in treasury, equal to 0.85% of issued common shares and 0.65% of total share capital including special voting shares. Since January 5, 2026, the company has repurchased 1,624,441 own common shares on EXM and NYSE for an aggregate consideration of €483,392,467.03.

Positive

  • None.

Negative

  • None.
Second Tranche size €250 million Share buyback program announced April 10, 2026 as Second Tranche
Multi-year buyback program €3.5 billion Approximate total expected to be executed by 2030
Latest EXM purchases 11,966 shares; €4,010,331.82 Shares repurchased July 27-28, 2026 at €335.1439 average price
Second Tranche EXM total €187,393,142.03; 620,677 shares Cumulative EXM repurchases under Second Tranche to July 30, 2026
Second Tranche NYSE total USD 40,797,556.26; €35,241,239.97; 118,319 shares Cumulative NYSE repurchases under Second Tranche to July 30, 2026
Treasury shares held 1,514,061 shares; 0.85% Common shares in treasury as of July 30, 2026, of issued common shares
Total program purchases 1,624,441 shares; €483,392,467.03 Repurchases on EXM and NYSE since January 5, 2026
Treasury share capital share 0.65% Portion of total issued share capital including special voting shares
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.
Second Tranche financial
"as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion"
special voting shares financial
"Including the special voting shares, the Company held in treasury 0.65% 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.
treasury financial
"the Company held in treasury No. 1,514,061 common shares, net of shares assigned"
The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.
Sell to Cover financial
"purchased a total of 1,624,441 own common shares on EXM and NYSE, including transactions for Sell to Cover"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 6-K: How Foreign Companies Report to the SEC →

FAQ

What share buybacks did Ferrari (RACE) complete on July 27-28, 2026?
Ferrari repurchased 11,966 common shares on Euronext Milan on July 27-28, 2026 for total consideration of €4,010,331.82, at an average price of €335.1439 per share, all figures excluding fees.

How much has Ferrari (RACE) invested so far in the Second Tranche of its buyback?
By July 30, 2026, Ferrari had invested €187,393,142.03 for 620,677 shares on EXM and USD 40,797,556.26 (about €35,241,239.97) for 118,319 shares on the NYSE under the Second Tranche.

How many treasury shares does Ferrari (RACE) hold as of July 30, 2026?
As of July 30, 2026, Ferrari held 1,514,061 common shares in treasury, representing 0.85% of issued common shares. Including special voting shares, treasury holdings equaled 0.65% of total issued share capital.

What is the scale and horizon of Ferrari’s (RACE) multi-year share buyback program?
Ferrari’s multi-year share buyback program totals approximately €3.5 billion, expected to be executed by 2030. The €250 million Second Tranche, announced April 10, 2026, forms part of this overall authorization.

What has Ferrari (RACE) repurchased since the multi-year program began on January 5, 2026?
From January 5 to July 30, 2026, Ferrari repurchased a total of 1,624,441 own common shares on EXM and NYSE, including Sell to Cover transactions, for aggregate consideration of €483,392,467.03 under its multi-year buyback program.

On which exchanges is Ferrari (RACE) executing its share buyback program?
Ferrari is repurchasing shares on both Euronext Milan (EXM) and the New York Stock Exchange (NYSE). The disclosed Second Tranche activity includes substantial purchases on each venue, reported with separate share counts and monetary totals.



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 31, 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 31, 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 31, 2026.








Exhibit 99.1



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





Maranello (Italy), July 31, 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

(€)
27/07/2026EXM2,402325.8765782,755.35
28/07/2026EXM9,564337.47143,227,576.47
Total—11,966335.14394,010,331.82

(*) 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 30, 2026, the total invested consideration has been:
•Euro 187,393,142.03 for No. 620,677 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 30, 2026 the Company held in treasury No. 1,514,061 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 0.85% of the then total issued common shares. Including the special voting shares, the Company held in treasury 0.65% of the then total issued share capital.









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










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 30, 2026, the Company has purchased a total of 1,624,441 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 483,392,467.03.


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:
Ferrari Media & PR
Email: media@ferrari.com
2

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

1 document

Press Releases