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Ferrari buys 141,819 shares worth €42.8M in latest tranche of €3.5B buyback program

Company Fundamentals
04 May 2026
GlobeNewsWire
Neutral
pluang ai news

Ferrari N.V. has purchased 141,819 of its own shares worth approximately €42.8 million as part of the second tranche of its multi-year €3.5 billion share buyback program announced in 2025. This latest buyback was executed on the Euronext Milan exchange between April 27 and May 1, 2026. Since the program began in January 2026, Ferrari has bought over 1 million shares totaling around €303.6 million. The company currently holds about 9.06% of its issued shares in treasury, with plans to cancel some treasury shares pending shareholder approval. This buyback supports shareholder value and reflects Ferrari's confidence in its long-term growth prospects.

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