Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Ferrari buys back over 420,000 shares worth €122 million as part of its €3.5 billion buyback plan.

Company Fundamentals
03 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Ferrari N.V. has repurchased a total of 422,897 common shares worth approximately €122 million under the second tranche of its multi-year €3.5 billion share buyback program announced in 2025. This buyback, executed on both the Euronext Milan and New York Stock Exchange, is part of Ferrari's ongoing strategy to return value to shareholders and optimize its capital structure. As of June 2, 2026, Ferrari holds nearly 9.2% of its issued shares in treasury, with plans to continue the buyback program through 2030. The company has not yet canceled any treasury shares, pending shareholder approval.

More News (RACE)

banner-footerbanner-footer

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