Ferrari reports additional buyback of 28,000 shares under second tranche

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โดย Yahoo Finance·Read original
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Ferrari N.V. has purchased an additional 28,000 common shares on the Euronext Milan under the second tranche of its multi-year share buyback program. The purchases occurred on July 8 and 9, 2026, at an average price of €328.4580 per share, for a total consideration of approximately €9.2 million excluding fees. Since the start of this second tranche, the company has invested €147.1 million for 496,979 shares on the EXM and $40.8 million for 118,319 shares on the NYSE. As of July 10, 2026, Ferrari held 18,034,969 treasury shares, representing 9.30% of total issued common shares. The overall multi-year program, announced during the 2025 Capital Markets Day, targets approximately €3.5 billion in buybacks by 2030, with total purchases since January 5, 2026, reaching 1,500,743 shares for €443.1 million.

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Consumer Discretionary · 1 stocks
Ferrari NV
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Ferrari repurchased 28,000 shares under its buyback program, signaling capital return to shareholders.