RACE Ferrari N.V.
Price Chart
Executive Summary
Ferrari N.V. announced the completion of the first tranche of its €3.5 billion multi-year share buyback program, repurchasing 850,054 shares for €249.999 million. The company is launching a second tranche of up to €250 million, split between Euronext Milan and NYSE, funded by available cash. Treasury holdings now stand at 9.02% of common shares outstanding.
Key Financial Metrics
Actionable Insight
The buyback signals capital return confidence, but the scale is modest relative to market cap. Traders should monitor execution pace, especially on NYSE, and watch for any changes in cash deployment priorities. No fundamental shift in business performance is indicated.
Key Facts
- First Tranche completed: 850,054 shares repurchased for total consideration of €249.999 million
- Breakdown: 680,168 shares on EXM (€199.999M), 169,886 shares on NYSE (€49.999M equivalent)
- Second Tranche of up to €250 million begins April 13, 2026, with €200M on EXM via non-discretionary agreement and €50M on NYSE via discretionary mandate
- As of April 9, 2026, Ferrari holds 17,494,660 treasury shares (9.02% of common shares, 9.40% of total share capital)
- Buyback authority expires October 15, 2026, unless extended
Financial Impact
€250 million committed for Second Tranche, representing approximately 0.3% of market cap ($82.4B)
Risk Factors
- Execution risk in timing and volume of share purchases under discretionary mandate
- Potential perception of limited capital return given program size vs. cash reserves and market cap
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3271929 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
6-K
| $362.58 awaiting T+1 | awaiting T+1 | — | $354.91 (−2.12%) |
|
Jun 3, 2026
9d ago
|
6-K
| $344.40 $349.92 | ▲ +1.60% | ▲ +1.20% | $354.91 (+3.05%) |
|
Jun 3, 2026
9d ago
|
Press Release
| $344.40 $349.92 | ▲ +1.60% | ▲ +1.20% | $354.91 (+3.05%) |
|
Jun 3, 2026
9d ago
|
6-K
| $344.40 $349.92 | ▲ +1.60% | ▲ +1.20% | $354.91 (+3.05%) |
|
Jun 3, 2026
10d ago
|
Press Release
| $344.40 $349.92 | ▲ +1.60% | ▲ +1.20% | $354.91 (+3.05%) |
|
May 26, 2026
18d ago
|
6-K
| $329.91 $333.22 | ▲ +1.00% | ▲ +0.99% | $354.91 (+7.58%) |
|
May 25, 2026
18d ago
|
Press Release
| $329.91 $333.22 | ▲ +1.00% | ▲ +0.99% | $354.91 (+7.58%) |
|
May 18, 2026
25d ago
|
6-K
| $324.77 $329.66 | ▲ +1.51% | ▲ +2.16% | $354.91 (+9.28%) |
|
May 18, 2026
25d ago
|
Press Release
| $324.77 $329.66 | ▲ +1.51% | ▲ +2.16% | $354.91 (+9.28%) |
|
May 11, 2026
4w ago
|
6-K
| $329.26 $329.26 | · 0.00% | ▲ +0.14% | $354.91 (+7.79%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access