No new catalyst — the buyback is executing as planned. Monitor the next quarterly earnings (likely late July/early August) for any update on the pace of the remaining ~€3.14B authorization. The treasury share cancellation, once effectuated, will be a modest EPS accretive event.
Price Chart
Executive Summary
Ferrari filed a routine 6-K reporting the second tranche of its €3.5B multi-year buyback program, disclosing the purchase of 20,321 common shares on Euronext Milan for ~€5.66M on May 18-20, 2026. Since the program's start in January 2026, the company has repurchased 1,218,103 shares for ~€357.5M total. The filing is a standard periodic update with no material new information — the buyback is pre-announced and on track.
Key Facts
- Second tranche of €250M buyback announced April 10, 2026, part of ~€3.5B multi-year program through 2030
- Purchased 20,321 shares on EXM on May 18 and 20, 2026 for ~€5.66M at avg €278.39/share
- Since Jan 5, 2026, total purchases: 1,218,103 shares for ~€357.5M across EXM and NYSE
- As of May 22, 2026, Ferrari held 17,752,329 treasury shares (9.15% of common, 9.50% of total capital including special voting shares)
- Share cancellation approved at April 15, 2026 AGM has not yet been effectuated
Financial Impact
Routine buyback progress report — ~€5.66M in purchases over two days; cumulative ~€357.5M spent vs ~€3.5B program target
Risk Factors
- No material risk identified from this routine filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001648416-26-000077 |
| Document: fnvbb250526prcov.htm | 0001648416-26-000077 |
| Document: 0001648416-26-000077-index-headers.html | 0001648416-26-000077 |
| Document: 0001648416-26-000077-index.html | 0001648416-26-000077 |
| Document: 0001648416-26-000077.txt | 0001648416-26-000077 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 18d ago | Press Release | $409.08 $416.13 | ▲ +1.72% | ▲ +1.62% | $388.33 (−5.07%) |
Sep 8, 2026 24d ago | 6-K | $405.94 $406.92 | ▲ +0.24% | ▲ +1.36% | $388.33 (−4.34%) |
Sep 1, 2026 4w ago | 6-K | $410.21 $402.33 | ▼ −1.92% | ▼ −2.00% | $388.33 (−5.33%) |
Sep 1, 2026 4w ago | Press Release | $410.21 $402.33 | ▼ −1.92% | ▼ −2.00% | $388.33 (−5.33%) |
Jul 31, 2026 9w ago | 6-K | $393.87 $412.26 | ▲ +4.67% | ▲ +1.16% | $388.33 (−1.41%) |
Jul 30, 2026 9w ago | 6-K | $397.73 $407.28 | ▲ +2.40% | ▼ −1.22% | $388.33 (−2.36%) |
Jul 27, 2026 9w ago | 6-K | $380.01 $393.87 | ▲ +3.65% | ▲ +2.57% | $388.33 (+2.19%) |
Jul 27, 2026 9w ago | Press Release | $380.01 $393.87 | ▲ +3.65% | ▲ +2.57% | $388.33 (+2.19%) |
Jul 20, 2026 10w ago | 6-K | $371.52 $360.14 | ▼ −3.06% | ▼ −2.64% | $388.33 (+4.52%) |
Jul 15, 2026 11w ago | 6-K | $375.74 $371.61 | ▼ −1.10% | ▼ −0.12% | $388.33 (+3.35%) |
US Market Status
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