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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

FinvizFinviz2026/03/09 17:24
By:Finviz

Maranello (Italy), March 9 2026
– Ferrari N.V. (NYSE/EXM: RACE) (“
Ferrari
” or the “
Company
”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on December 16, 2025, as the first tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “
First Tranche
”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

 
EXM
NYSE
Total
Trading
Number of common shares purchased






Average price per share
Consideration
excluding fees
Number of common shares purchased






Average price per share
Consideration
excluding fees
Consideration
excluding fees
Number of common shares purchased






Average price per share
Consideration
excluding fees
Date
excluding fees
 
excluding fees
   
excluding fees
 
(d/m/y)
(€)
(€)
($)
($)
(€)*
(€)*
(€)*
               
02/03/2026 7,000 311.7721 2,182,404.70 11,061 361.6280 3,999,967.31 3,419,359.98 18,061 310.1581 5,601,764.68
03/03/2026 8,600 303.2111 2,607,615.46 11,160 358.4035 3,999,783.06 3,446,306.27 19,760 306.3726 6,053,921.73
04/03/2026 5,000 311.4135 1,557,067.50 - - - - 5,000 311.4135 1,557,067.50
05/03/2026 7,000 311.2586 2,178,810.20 8,444 355.2564 2,999,785.04 2,582,015.01 15,444 308.2637 4,760,825.21
06/03/2026 9,000 302.9058 2,726,152.20 9,980 350.6675 3,499,661.65 3,027,127.11 18,980 303.1233 5,753,279.31
 
36,600




307.4331




11,252,050.06




40,645




356.7277




14,499,197.06




12,474,808.38




77,245




307.1637




23,726,858.44




Total
 

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
        
Since the announcement of such First Tranche till March 6, 2026, the total invested consideration has been:

  • Euro 112,647,457.80 for No. 374,993 common shares purchased on the EXM
  • USD 14,499,197.06 (Euro 12,474,808.38*) for No. 40,645 common shares purchased on the NYSE.

As of March 6, 2026 the Company held in treasury No. 17,060,244 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 8.80% of the total issued common shares. Including the special voting shares, the Company held in treasury 9.23% of the total issued share capital.

Since January 5, 2026, start date of the multi-year share buyback program of approximately Euro 3.5 billion announced during the 2025 Capital Markets Day, until March 6, 2026, the Company has purchased a total of 415,638 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 125,122,266.17.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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