RACE Ferrari N.V.

NEUTRAL Impact: 3/10 PRESS-RELEASE
Horizon months Filed Mar 30, 2026 Processed 2mo ago Wire GlobeNewswire
Press release: announcement
Latest settled — T+20d ⚠ clustered
RACE ▲ +5.95% at T+20d
NEUTRAL call ✓ call won +5.95% · α vs SPY -6.65% · entry $323.47 → $342.71
Next anchor: T+60d in 10d
Last close $354.91 (close Jun 12) · +9.72% from $323.47 entry
Entry anchored
Mar 30, 10:21 AM ET
via Databento tick
T+1d
+3.44%
call +3.44% · α +0.55%
$334.59
settled 3mo ago
T+5d
+2.25%
call +2.25% · α -2.05%
$330.75
settled 2mo ago
T+20d
+5.95%
call +5.95% · α -6.65%
$342.71
settled 7w ago
T+60d
call — · α —
in 10d

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Executive Summary

Ferrari N.V. announced additional share repurchases under its multi-year €3.5 billion buyback program, purchasing 107,859 shares on NYSE and EXM between March 23 and March 27, 2026, for a total consideration of €203 million. As of March 27, the company held 8.96% of its common shares in treasury. The buyback activity is part of an ongoing capital return initiative announced in December 2025.

Key Financial Metrics

Deal Value
$2.0B

Actionable Insight

The buyback is consistent with Ferrari's capital return strategy and does not signal a change in fundamentals. Traders should monitor future buyback pace and any updates to the program size or timeline for potential sentiment shifts. No immediate catalyst expected.

Key Facts

  • Ferrari repurchased 107,859 common shares between March 23 and March 27, 2026, at an average price of €279.09, totaling €203.0 million in consideration.
  • Since the start of the buyback program on January 5, 2026, Ferrari has repurchased 737,600 shares for €217.2 million, including Sell to Cover transactions.
  • As of March 27, 2026, Ferrari holds 17,382,206 treasury shares, representing 8.96% of issued common shares and 9.36% of total share capital including special voting shares.
  • The current tranche is part of a larger €3.5 billion multi-year buyback program expected to run through 2030, with €250 million allocated as the first tranche.

Financial Impact

€203 million spent on share repurchases in five trading days; total spend since program inception: €217.2 million

share countequityearnings per share (indirectly)

Risk Factors

  • Accelerated buybacks could deplete cash reserves faster than expected, affecting financial flexibility.
  • Holding nearly 9% of shares in treasury increases concentration risk and could limit future capital allocation options.

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-3264747
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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