The share repurchases are routine under an already-announced program and do not signal a change in strategy. Traders should monitor the pace of future buybacks, but this update alone is not a catalyst. The 8.99% treasury stake suggests meaningful capital return, though execution remains gradual.
Price Chart
Executive Summary
Ferrari N.V. announced the purchase of an additional 51,193 common shares across EXM and NYSE from March 30 to April 2, 2026, as part of its €250 million first tranche under a multi-year €3.5 billion share buyback program. As of April 6, 2026, the company holds 8.99% of its common shares in treasury, with total buyback consideration reaching €232.1 million since the program began in January 2026.
Key Financial Metrics
Key Facts
- Ferrari purchased 51,193 additional shares from March 30 to April 2, 2026, for a total consideration of €114.8 million (excluding fees).
- Since January 5, 2026, Ferrari has repurchased 788,793 shares under the program for €232.1 million.
- The company now holds 17,433,399 treasury shares, representing 8.99% of common shares and 9.38% of total share capital including special voting shares.
- This activity is part of the first tranche of a €3.5 billion multi-year buyback program announced at the 2025 Capital Markets Day.
Financial Impact
€232.1 million spent on buybacks since January 2026, representing approximately 6.6% of the total €3.5 billion program.
Risk Factors
- Accelerated buybacks could strain liquidity if not matched by strong operating cash flow.
- Holding nearly 9% of shares in treasury may raise questions about governance and voting power concentration if not retired.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3269102 |
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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