Ferrari Buys Back 35,641 Shares in Third Tranche

Corporate Action
โดย Yahoo Finance·ITUS·Read original
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Ferrari N.V. has purchased 35,641 common shares under the third tranche of its multi-year buyback program, spending approximately 12.7 million euros between September 2 and 4, 2026. The third tranche, announced on September 1, 2026, is part of a larger 3.5 billion euro buyback program expected to run through 2030. The purchases were made on both the Euronext Milan and the New York Stock Exchange, with the NYSE transactions totaling about 5.5 million US dollars. As of September 4, the company held 1,626,445 common shares in treasury, representing 0.92 percent of total issued common shares. Since the start of the multi-year program on January 5, 2026, Ferrari has repurchased 1,736,825 shares for a total consideration of 523,435,344.28 euros.

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Consumer Discretionary · 1 stocks
Ferrari NV
2FE
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Ferrari repurchased shares under its buyback program, signaling capital return to shareholders.