Ferrari Details Progress on €3.5 Billion Multi-Year Share Buyback as of June 10, 2026
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An update from Ferrari ( (IT:RACE) ) is now available.
On June 11, 2026, Ferrari reported progress on the €250 million second tranche of its multi-year €3.5 billion share buyback program, detailing purchases made between June 3 and June 10, 2026 on Euronext Milan. Over that period, the company bought 30,899 shares for about €9.3 million at an average price of €301.12, as part of the tranche announced on April 10, 2026.
Since the second tranche began, Ferrari has invested about €114.2 million in 391,709 shares on Euronext Milan and roughly €17.6 million equivalent in 62,087 shares on the NYSE, and as of June 10, 2026 it held 17,873,467 treasury shares, or 9.22% of issued common shares. The update underscores Ferrari’s continued execution of its long-term buyback plan launched on January 5, 2026, under which it has acquired 1,339,241 shares for €392.6 million, signaling ongoing capital return to shareholders and tighter free float ahead of a pending cancellation of treasury shares approved on April 15, 2026.
The most recent analyst rating on (IT:RACE) stock is a Buy
with a EUR460.00 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., headquartered in Maranello, Italy, is a luxury performance automotive manufacturer best known for its high-end sports cars and racing heritage. The company is listed on the NYSE and Euronext Milan under the ticker RACE and targets the global premium and ultra-luxury car market with a focus on brand exclusivity and strong shareholder returns through capital allocation measures such as share buybacks.
Average Trading Volume: 591,898
Technical Sentiment Signal: Hold
Current Market Cap: €71.85B
For an in-depth examination of RACE stock, go to TipRanks’ Overview page.
