Ferrari N.V. has purchased 508,019 common shares worth approximately €149 million as part of the second tranche of its multi-year share buyback program totaling around €3.5 billion, expected to run until 2030. Since the program began in January 2026, Ferrari has bought over 1.39 million shares for about €410 million. The company currently holds nearly 9.25% of its issued shares in treasury, excluding shares assigned under its equity incentive plan. The buyback aims to enhance shareholder value and the cancellation of treasury shares approved in April 2026 is yet to be executed.

More News (RACE)

Ferrari appoints Massimiliano Di Silvestre as new Chief Marketing & Commercial Officer from July 1, 2026

Ferrari has named Massimiliano Di Silvestre as its new Chief Marketing & Commercial Officer, effective July 1, 2026. He will join the Leadership Team and report directly to CEO Benedetto Vigna, succeeding Enrico Galliera who is leaving after over six...

Company Fundamentals

Bullish

1 day ago

Ferrari buys back over 500,000 shares worth €149 million in latest tranche of multi-year buyback program.

More News (RACE)

Ferrari appoints Massimiliano Di Silvestre as new Chief Marketing & Commercial Officer from July 1, 2026

Invest & Trade with
#1 Award-Winning Investment Super App

Invest

Features

Fees

Learn

Investment Clubs (Coming Soon)

Support

iOS App Store

Google Play Store

Ferrari buys back over 500,000 shares worth €149 million in latest tranche of multi-year buyback program.

More News (RACE)

Ferrari appoints Massimiliano Di Silvestre as new Chief Marketing & Commercial Officer from July 1, 2026

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

Google Play Store

Invest & Trade with
#1 Award-Winning Investment Super App