Ferrari (NYSE: RACE) details €91.7M buyback and treasury stake
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Ferrari N.V. reported recent activity under its €250 million first tranche of a multi-year share buyback program of approximately €3.5 billion expected to run until 2030. Between 16 and 20 February 2026, the company repurchased 31,000 common shares on Euronext Milan for total consideration of €9,705,104.20 at an average price of €313.0679 per share, excluding fees.
Since the start of this first tranche and up to 20 February 2026, Ferrari has invested €91,680,851.19 to buy 307,643 common shares on Euronext Milan. As of that date, it held 16,952,249 common shares in treasury, equal to 8.74% of issued common shares, and 9.19% of total issued share capital including special voting shares.
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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 February 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 February 23, 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: February 23, 2026 | FERRARI 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 February 23, 2026.
Exhibit 99.1
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), February 23, 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 December 16, 2025, as the first 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 “First 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 (€) | ||||||||||
| 16/02/2026 | EXM | 5,500 | 320.1390 | 1,760,764.50 | ||||||||||
| 17/02/2026 | EXM | 6,000 | 316.9464 | 1,901,678.40 | ||||||||||
| 18/02/2026 | EXM | 6,500 | 311.9182 | 2,027,468.30 | ||||||||||
| 19/02/2026 | EXM | 6,500 | 308.3250 | 2,004,112.50 | ||||||||||
| 20/02/2026 | EXM | 6,500 | 309.3970 | 2,011,080.50 | ||||||||||
| Total | — | 31,000 | 313.0679 | 9,705,104.20 | ||||||||||
Since the announcement of such First Tranche till February 20, 2026, the total invested consideration has been:
•Euro 91,680,851.19 for No. 307,643 common shares purchased on the EXM
As of February 20, 2026 the Company held in treasury No. 16,952,249 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 8.74% of the total issued common shares. Including the special voting shares, the Company held in treasury 9.19% of the 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 |  | ||||||||
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 February 20, 2026, the Company has purchased a total of 307,643 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 91,680,851.19.
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
tel.: +39 0536 949337
Email: media@ferrari.com
2
FAQ
How much has Ferrari (RACE) spent so far in the first buyback tranche?
Ferrari has invested €91,680,851.19 since the announcement of the first tranche. This amount relates to the purchase of 307,643 common shares on Euronext Milan up to 20 February 2026, reflecting the cumulative execution of the €250 million tranche to date.
When did Ferrari (RACE) start its multi-year €3.5 billion buyback program?
Ferrari started the multi-year share buyback program of approximately €3.5 billion on 5 January 2026. By 20 February 2026 it had repurchased 307,643 own common shares on Euronext Milan and the NYSE, including Sell to Cover transactions, for €91,680,851.19 in total.
Where can investors find detailed transaction data for Ferrari (RACE)'s buyback?
Detailed information on Ferrari’s buyback transactions is available on its corporate website in the Buyback Programs section. The company provides a comprehensive overview of all trades executed under the program, including dates, number of shares purchased, trading venues, and related financial data.