Ferrari (NYSE: RACE) backs €640m dividend, renews 10% buyback
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Ferrari N.V. reported that shareholders approved all resolutions at its Annual General Meeting in Amsterdam. They accepted the 2025 annual accounts, endorsed the 2025 remuneration report and approved a cash dividend of Euro 3.615 per outstanding common share, totaling about Euro 640 million.
The shares will trade ex-dividend from April 20, 2026 on EXM and April 21, 2026 on NYSE, with a record date of April 21, 2026 and payment on May 5, 2026. Shareholders also renewed the Board’s authority for 18 months to issue shares, grant subscription rights, limit or exclude pre-emptive rights, and repurchase up to 10% of the company’s common shares.
All directors standing for election, including executive directors John Elkann and Benedetto Vigna and ten non-executive directors, were re-appointed. Shareholders approved cancellation of treasury common shares held on December 31, 2025 and special voting shares held on April 15, 2026, re-appointed Deloitte Accountants B.V. as independent auditor and sustainability assurance provider for 2026, and approved share-based awards for executive directors.
Positive
- None.
Negative
- None.
Insights
Ferrari’s AGM confirms status quo, adds cash return and flexibility.
Shareholders of Ferrari N.V. approved a cash dividend of Euro 3.615 per share, around Euro 640 million in total, and re-appointed the full board. This combines a direct capital return with continued strategic and governance continuity.
The AGM renewed 18‑month authorizations to issue shares, grant subscription rights, adjust pre‑emptive rights and repurchase up to 10% of outstanding common shares. These tools are standard for large issuers and give the board room to manage capital structure and potential corporate actions within set thresholds.
Shareholders also approved cancellation of treasury and special voting shares as of specified dates, and re‑appointed Deloitte as both financial auditor and sustainability assurance provider for 2026. Overall, the decisions look routine and supportive rather than transformative, so the information is best viewed as neutral for an investor’s core thesis.
Key Figures
Dividend per share: Euro 3.615 per common share
Total dividend amount: Approximately Euro 640 million
Buyback authorization limit: Up to 10% of common shares
+3 more
6 metrics
Dividend per share
Euro 3.615 per common share
Cash dividend approved at AGM
Total dividend amount
Approximately Euro 640 million
Aggregate cash dividend on outstanding shares
Buyback authorization limit
Up to 10% of common shares
Repurchase authorization renewed for 18 months
Authorization duration
18 months
Board powers to issue shares and repurchase shares
Dividend payment date
May 5, 2026
Payment on outstanding common shares
Dividend record date
April 21, 2026
Record date on EXM and NYSE
Key Terms
ex-dividend, record date, special voting shares, Remuneration Report, +1 more
5 terms
ex-dividend financial
"The outstanding common shares will be quoted ex-dividend from April 20, 2026 on EXM"
Ex-dividend describes a stock trading without the right to receive the next scheduled dividend payment; if you buy the share on or after the ex-dividend date, the upcoming payout goes to the seller instead of you. It matters to investors because the stock price typically adjusts to reflect that lost payout, so understanding the ex-dividend date helps decide whether a trade will capture the dividend and can affect short-term price moves and tax or income strategies.
record date financial
"The record date for the dividend will be April 21, 2026 on both EXM and NYSE"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
Remuneration Report financial
"expressed a positive advice with respect to the Remuneration Report 2025"
A remuneration report is a formal disclosure that lists how much company leaders and board members are paid, including salaries, bonuses, stock awards, pension and other benefits, and explains the rules used to set that pay. Investors use it like a receipt or scorecard to judge whether management’s incentives are aligned with shareholder interests, to estimate ongoing costs, and to spot governance or risk issues that could affect a stock’s value.
sustainability assurance provider financial
"appointed the same Deloitte Accountants B.V. as the Company’s independent sustainability assurance provider"
An independent firm that checks and verifies a company's environmental, social and governance (ESG) claims, data and sustainability reports to ensure they are accurate and complete. Think of it as a third‑party fact‑checker or building inspector for nonfinancial performance; investors use their findings to judge whether sustainability commitments are credible, to reduce the risk of greenwashing, and to compare companies more reliably when making investment decisions.
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 April 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 April 15, 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: April 15, 2026 | FERRARI N.V. | ||||||||||
| By: | /s/ Carlo Daneo | ||||||||||
| Name: | Carlo Daneo | ||||||||||
| Title: | General Counsel | ||||||||||
Index of Exhibits
Exhibit
Number Description of Exhibit
99.1 Press release issued by Ferrari N.V. dated April 15, 2026.
Exhibit 99.1
FERRARI ANNOUNCES VOTING RESULTS FROM ITS
ANNUAL GENERAL MEETING
Maranello (Italy), April 15, 2026 – Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/EXM: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual General Meeting of Shareholders (the “AGM”) held today in Amsterdam, the Netherlands, were passed.
The Shareholders approved the 2025 Annual Accounts, expressed a positive advice with respect to the Remuneration Report 2025 and approved a dividend in cash1 of Euro 3.615 per outstanding common share, totalling approximately Euro 640 million. The outstanding common shares will be quoted ex-dividend from April 20, 2026 on EXM and from April 21, 2026 on NYSE. The record date for the dividend will be April 21, 2026 on both EXM and NYSE and the dividend on the outstanding common shares will be paid on May 5, 2026. Shareholders holding the Company’s common shares on the record date that are traded on the NYSE will receive the dividend in U.S. dollars at the official European Central Bank EUR/USD exchange rate of April 16, 2026.
The AGM re-appointed all Ferrari directors standing for election. John Elkann and Benedetto Vigna were re-elected as executive directors of Ferrari. Piero Ferrari, Delphine Arnault, Francesca Bellettini, Eduardo H. Cue, Sergio Duca, John Galantic, Maria Patrizia Grieco, Michelangelo Volpi and Tommaso Ghidini were re-elected as non-executive directors of Ferrari.
The AGM renewed the existing delegations to the Board of Directors of the Company of the authority to issue common shares (for a period of 18 months from the date of the AGM), to grant rights to subscribe for common shares and to limit or exclude pre-emptive rights for common shares (for a period of 18 months from the date of the AGM), subject to certain maximum amount thresholds.
Furthermore, the AGM renewed, for a period of 18 months from the date of the AGM, the existing authorization of the Board of Directors to repurchase up to a maximum of 10% of the Company’s common shares issued as of the date of the AGM. Pursuant to the authorization, which does not entail any obligation for the Company but is designed to provide additional flexibility, the Board of Directors may repurchase common shares in compliance with applicable regulations, subject to certain maximum and minimum price thresholds.
________________________________________
1 The coupon number of the dividend is 11 (eleven).
Ferrari N.V. Amsterdam, The Netherlands | Registered Office: Via Abetone Inferiore N. 4, I – 41053 Maranello (MO) Italy | Dutch trade registration number: 64060977 |  | ||||||||
The AGM also approved the cancellation of all the common shares held by the Company on December 31, 2025 in its own share capital, as well as the cancellation of all the special voting shares held by the Company on April 15, 2026.
The Shareholders re-appointed Deloitte Accountants B.V. as the Company’s independent auditor for the financial year 2026 and appointed the same Deloitte Accountants B.V. as the Company’s independent sustainability assurance provider for the financial year 2026.
The Shareholders further approved the awards of (rights to subscribe for) common shares in the capital of the Company to the executive directors.
Details of the resolutions submitted to the AGM are available on the Company’s corporate website at https://www.ferrari.com/en-EN/corporate.
This press release contains forward-looking statements. These statements are based on the Group’s current expectations and projections about future events and, by their nature, are subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in such statements as a result of a variety of factors, including: volatility and deterioration of capital and financial markets, including possibility of new Eurozone sovereign debt crisis, changes in commodity prices, changes in general economic conditions, economic growth and other changes in business conditions, weather, floods, earthquakes or other natural disasters, changes in government regulation, production difficulties, including capacity and supply constraints and many other risks and uncertainties, most of which are outside of the Group’s control, including global economic conditions, macro events, pandemics, conflicts, hostilities and scenarios of geopolitical instability.
For further information:
Media Relations
Email: media@ferrari.com
2
FAQ
What dividend did Ferrari (RACE) approve at the 2026 AGM?
Ferrari’s shareholders approved a cash dividend of Euro 3.615 per outstanding common share, totaling about Euro 640 million. The dividend will be paid on May 5, 2026 to shareholders of record on April 21, 2026.
Which directors were re-appointed at Ferrari’s 2026 AGM?
Executive directors John Elkann and Benedetto Vigna were re-elected, along with non-executive directors Piero Ferrari, Delphine Arnault, Francesca Bellettini, Eduardo H. Cue, Sergio Duca, John Galantic, Maria Patrizia Grieco, Michelangelo Volpi and Tommaso Ghidini, maintaining the existing board composition.
Who is Ferrari’s auditor and sustainability assurance provider for 2026?
Shareholders re-appointed Deloitte Accountants B.V. as Ferrari’s independent auditor for the 2026 financial year and also appointed the same firm as the company’s independent sustainability assurance provider for 2026, covering both financial statements and sustainability reporting assurance.