RACE Ferrari N.V.

NEUTRAL Impact: 3/10 PRESS-RELEASE
Horizon months Filed Apr 7, 2026 Processed 2mo ago Wire GlobeNewswire
Press release: announcement
Latest settled — T+20d ⚠ clustered
RACE ▲ +2.47% at T+20d
NEUTRAL call ✓ call won +2.47% · α vs SPY -7.31% · entry $330.75 → $338.91
Next anchor: T+60d in 17d
Last close $354.91 (close Jun 12) · +7.30% from $330.75 entry
Entry anchored
Apr 6, 03:59 PM ET
via Databento tick
T+1d
+5.00%
call +5.00% · α +2.46%
$347.29
settled 2mo ago
T+5d
+7.04%
call +7.04% · α +1.71%
$354.04
settled 2mo ago
T+20d
+2.47%
call +2.47% · α -7.31%
$338.91
settled 6w ago
T+60d
call — · α —
in 17d

Price Chart

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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

Deal Value
$232.1M

Actionable Insight

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.

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.

shares outstandingtreasury stockdilution

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

Exchange
NYSE
Sector
Motor Vehicles & Passenger Car Bodies

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3269102
34 reports for RACE
Performance horizon

Track record builds as more directional reports settle.

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Reports for RACE — sortable, filterable
Type Now
Jun 11, 2026
3d ago
6-K
NEUTRAL ★ 2/10
$362.58 awaiting T+1awaiting T+1$354.91 (−2.12%)
Jun 3, 2026
11d ago
6-K
NEUTRAL ★ 2/10
$344.40 $349.92▲ +1.60%▲ +1.20%$354.91 (+3.05%)
Jun 3, 2026
11d ago
Press Release
NEUTRAL ★ 2/10
$344.40 $349.92▲ +1.60%▲ +1.20%$354.91 (+3.05%)
Jun 3, 2026
11d ago
6-K
NEUTRAL ★ 2/10
$344.40 $349.92▲ +1.60%▲ +1.20%$354.91 (+3.05%)
Jun 3, 2026
12d ago
Press Release
NEUTRAL ★ 2/10
$344.40 $349.92▲ +1.60%▲ +1.20%$354.91 (+3.05%)
May 26, 2026
19d ago
6-K
NEUTRAL ★ 2/10
$329.91 $333.22▲ +1.00%▲ +0.99%$354.91 (+7.58%)
May 25, 2026
20d ago
Press Release
NEUTRAL ★ 2/10
$329.91 $333.22▲ +1.00%▲ +0.99%$354.91 (+7.58%)
May 18, 2026
27d ago
6-K
NEUTRAL ★ 2/10
$324.77 $329.66▲ +1.51%▲ +2.16%$354.91 (+9.28%)
May 18, 2026
27d ago
Press Release
NEUTRAL ★ 2/10
$324.77 $329.66▲ +1.51%▲ +2.16%$354.91 (+9.28%)
May 11, 2026
4w ago
6-K
NEUTRAL ★ 2/10
$329.26 $329.26· 0.00%▲ +0.14%$354.91 (+7.79%)
Showing 10 of 34

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