Ferrari Completes First €250 Million Buyback Tranche and Launches Second Phase of €3.5 Billion Program
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Ferrari ( (IT:RACE) ) has issued an update.
Ferrari N.V. has completed the first €250 million tranche of its multi-year share buyback program, repurchasing 850,054 common shares on Euronext Milan and the NYSE between January 5 and April 9, 2026, for a total consideration of about €250 million. As a result, as of April 9 the company held 17,494,660 treasury shares, equal to 9.02% of its issued common shares, or 9.40% including special voting shares, consolidating control and supporting capital allocation flexibility.
The company will launch a second tranche of up to €250 million from April 13 to no later than August 28, 2026, funded from available cash and partly intended to service its equity incentive plans. This tranche combines a €200 million non-discretionary buyback on Euronext Milan and a €50 million mandate on the NYSE, operating under existing shareholder authorization to repurchase up to 10% of common stock, and underscores Ferrari’s commitment to sustained shareholder returns through its €3.5 billion buyback plan running to 2030.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR360.00 price target. To see the full list of analyst forecasts on Ferrari stock, see the IT:RACE Stock Forecast page.
More about Ferrari
Ferrari N.V. is a leading global luxury brand centered on high-performance sports cars, racing and lifestyle products. From its base in Maranello, Italy, it designs, engineers and produces iconic luxury sports cars sold in more than 60 markets, while its Scuderia Ferrari Formula 1 team underpins the brand’s heritage of exclusivity, innovation and cutting-edge performance.
Beyond automobiles, Ferrari extends its brand into personal luxury goods, collectibles and curated experiences that reflect its elevated style and racing DNA. This diversified luxury ecosystem reinforces Ferrari’s positioning at the top end of the automotive and lifestyle sectors, supporting strong pricing power and deep customer loyalty worldwide.
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Technical Sentiment Signal: Hold
Current Market Cap: €71.01B
Learn more about RACE stock on TipRanks’ Stock Analysis page.
