Ferrari Updates on €250M Share Buyback Program, Repurchasing €9.24M in Latest Period

summarizeSummary

Ferrari N.V. announced its latest periodic update on the €250 million share buyback program, detailing recent purchases totaling €9.24 million and cumulative progress.

check_boxKey Events

• Periodic Buyback Update

  Ferrari N.V. provided a periodic report on its ongoing €250 million share buyback program, which is the first tranche of a multi-year €3.5 billion program.

• Recent Share Repurchases

  Between February 9 and February 13, 2026, the company repurchased an additional 30,293 common shares for a total consideration of €9,235,865.37.

• Cumulative Program Progress

  Since the announcement of the first tranche on December 16, 2025, up to February 13, 2026, Ferrari has invested a cumulative €81,975,746.99 to repurchase 276,643 common shares.

• Treasury Share Holdings

  As of February 13, 2026, Ferrari held 16,921,249 common shares in treasury, representing 8.73% of its total issued common shares.

auto_awesomeAnalysis

This filing provides a routine but important update on Ferrari's ongoing share buyback program. The consistent execution of the buyback demonstrates the company's commitment to returning value to shareholders and is part of a larger, multi-year capital allocation strategy. While the reported amounts for this specific period are modest relative to the company's size, the cumulative progress under the €250 million first tranche, and the context of the overall €3.5 billion program, signifies a sustained effort to enhance shareholder value.