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Ferrari buys back over 465,000 shares worth €164 million in latest tranche of €3.5B program

Company Fundamentals
09 Nov 2026, 17:46 WIB
GlobeNewsWire
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Ferrari buys back over 465,000 shares worth €164 million in latest tranche of €3.5B program

Ferrari N.V. has repurchased a total of 465,671 common shares under the third tranche of its multi-year share buyback program, investing approximately €164 million since early November 2026. This buyback is part of a larger €3.5 billion program announced during the 2025 Capital Markets Day, expected to continue until 2030. As of November 6, 2026, Ferrari holds over 2 million treasury shares, representing about 1.16% of its issued common shares. The ongoing buyback program reflects Ferrari's strategy to return value to shareholders and manage its capital structure effectively.

As of Nov 09, 2026 23:02 WIB, Ferrari NV (RACE) shares trade on Pluang at USD 415.83, down slightly by 0.07% in the past day. The stock holds a market cap of $73.56 billion and a dividend yield of 1.02%, reflecting steady investor interest. This trading activity occurs alongside Ferrari's ongoing share buyback program, which aims to enhance shareholder value.

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