Ferrari Continues Share Buyback Program, Repurchases €26.5M in Latest Period
summarizeSummary
Ferrari N.V. reported its periodic update on the ongoing €250 million share buyback program, having repurchased €26.5 million in common shares since the first tranche began.
check_boxKey Events
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Buyback Program Update
Ferrari N.V. provided an update on its €250 million share buyback program, which is the first tranche of a larger €3.5 billion multi-year program expected to be executed by 2030.
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Recent Share Repurchases
The company repurchased 45,500 common shares on Euronext Milan between January 12-16, 2026, for a total consideration of approximately €14.16 million.
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Total Program Progress
Since the first tranche's announcement on December 16, 2025, Ferrari has invested a total of €26.58 million to repurchase 84,500 common shares.
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Treasury Holdings
As of January 16, 2026, Ferrari held 16,729,106 common shares in treasury, representing 8.63% of total issued common shares.
auto_awesomeAnalysis
This 6-K filing provides a routine but important update on Ferrari's ongoing share buyback program. The company is actively executing its previously announced €250 million first tranche, which is part of a substantial €3.5 billion multi-year capital return strategy. The continued repurchases, totaling €26.58 million since the program's inception, demonstrate management's commitment to enhancing shareholder value and optimizing capital structure. The fact that these repurchases are occurring while the stock is trading near its 52-week low could be viewed positively, as it suggests the company is acquiring shares at a more favorable valuation. Investors should monitor the progress of this multi-year program as it represents a significant allocation of capital.
At the time of this filing, RACE was trading at $340.11 on NYSE in the Manufacturing sector, with a market capitalization of approximately $81.6B. The 52-week trading range was $344.90 to $519.10. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.