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Ferrari buys 53,750 shares in latest tranche of €3.5B buyback program through 2030

Company Fundamentals
26 Oct 2026, 14:30 WIB
GlobeNewsWire
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Neutral
Ferrari buys 53,750 shares in latest tranche of €3.5B buyback program through 2030

Ferrari N.V. has purchased 53,750 common shares on Euronext Milan as part of the third tranche of its multi-year €3.5 billion share buyback program announced in 2025. Since the start of the program in January 2026, Ferrari has bought over 2.1 million shares totaling approximately €658.6 million. The company currently holds about 1.13% of its issued shares in treasury. This ongoing buyback aims to enhance shareholder value and is expected to continue through 2030.

Ferrari's shares are trading at USD 398.55 on Pluang as of Oct 26, 2026 18:42 WIB, showing a 1.34% gain in the last day. The stock's market capitalization stands at $68.75 billion, reflecting its strong presence in the consumer cyclical sector. Investors typically hold Ferrari shares for about 127 days on Pluang, indicating moderate trading activity.

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