Ferrari buys back shares for €17.68 million under second tranche

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Anirudha BScanX News Team
Key Highlights

Ferrari N.V. executed a buyback of 53,932 shares for €17.68 million on the Euronext Milan as part of its second tranche. The company has invested €460.81 million in total since January 5, 2026, repurchasing over 1.55 million shares.

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Ferrari N.V. has repurchased 53,932 common shares for a total consideration of €17,685,767.51 under the second tranche of its multi-year share buyback program. The purchases were executed on the Euronext Milan (EXM) between July 13 and July 17, 2026, at an average price of €327.9272 per share. This tranche is part of a broader Euro 250 million buyback program announced on April 10, 2026, which itself falls under a multi-year plan of approximately Euro 3.5 billion expected to be executed by 2030.

Recent Transaction Details

The company conducted the following transactions on the Euronext Milan during the specified period:

Trading Date Stock Exchange Number of common shares purchased Average price per share excluding fees (€) Consideration excluding fees (€)
13/07/2026 EXM 10,000 329.4545 3,294,545.00
14/07/2026 EXM 18,000 325.0512 5,850,921.60
15/07/2026 EXM 6,420 324.5964 2,083,908.89
17/07/2026 EXM 19,512 330.8934 6,456,392.02
Total - 53,932 327.9272 17,685,767.51

Cumulative Investment and Treasury Holdings

Since the announcement of the second tranche until July 17, 2026, the company invested a total of Euro 164,808,568.07 to purchase 550,911 common shares on the EXM. Additionally, it invested USD 40,797,556.26 (Euro 35,241,239.97) to purchase 118,319 common shares on the NYSE.

As of July 17, 2026, Ferrari N.V. held 1,444,295 common shares in treasury, net of shares assigned under its equity incentive plan. This represents 0.81% of the then total issued common shares, or 0.62% of the total issued share capital including special voting shares. The reduction in treasury shares compared to prior disclosures follows the cancellation of shares approved by the Annual General Meeting of Shareholders on April 15, 2026.

Overall Program Progress

From the program's inception on January 5, 2026, through July 17, 2026, Ferrari N.V. has purchased a total of 1,554,675 own common shares on the EXM and NYSE. These transactions, which include those for Sell to Cover, amount to a total consideration of Euro 460,807,893.07.

How will Ferrari balance the remaining €3.25 billion of the buyback program with potential capital expenditures for new model development?

What impact will the cancellation of treasury shares have on Ferrari's earnings per share and dividend policy moving forward?

How might the shift in the proportion of treasury shares held on the NYSE versus Euronext Milan affect the company's liquidity strategy?

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Ferrari to announce Q2 2026 financial results on July 30

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Reviewed by
Shriram SScanX News Team
Key Highlights

Ferrari N.V. will release its Q2 2026 financial results on July 30, 2026, followed by a live webcast and conference call at 9:30 a.m. EDT. Access requires advance registration via the company’s website, with a replay available for two weeks post-event.

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Ferrari N.V. will announce its financial results for the second quarter of 2026 on Thursday, July 30, 2026. The announcement will provide insights into the company's performance during the quarter, with stakeholders able to access the results via a live audio webcast and conference call.

The live session is scheduled to begin at 2:30 p.m. BST (3:30 p.m. CEST / 9:30 a.m. EDT) on July 30. Investors and analysts can access the presentation details in the Investors section of Ferrari’s corporate website prior to the event. Advance registration is mandatory to participate in the conference call.

For those unable to attend the live session, a replay will be archived on Ferrari’s corporate website for two weeks following the call. The company’s website serves as the primary platform for accessing all related materials and updates.

Key Event Details

Event Date Time (EDT)
Q2 2026 Results Release July 30, 2026
Live Webcast & Conference Call July 30, 2026 9:30 a.m.

Ferrari N.V. is listed on the NYSE and EXM under the ticker symbol RACE. Further inquiries can be directed to the company’s Media Relations team at media@ferrari.com .

How will Ferrari's Q2 2026 performance reflect its progress in electric vehicle adoption?

What impact might global economic conditions have on Ferrari's luxury car sales in Q2 2026?

Will Ferrari update its full-year 2026 guidance based on Q2 results?

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