Ferrari reports latest purchases under its multi-year share buyback program

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โดย Yahoo Finance·Read original
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Ferrari has disclosed the latest transactions under its second tranche of the multi-year share buyback program, purchasing 11,966 common shares on the Euronext Milan over two trading days for a total consideration of 4,010,331.82 euros. The second tranche, a 250 million euro program announced on April 10, 2026, is part of a broader approximately 3.5 billion euro buyback expected to run through 2030. Since the start of this second tranche, Ferrari has invested 187,393,142.03 euros for 620,677 shares on the Euronext Milan and 40,797,556.26 US dollars for 118,319 shares on the New York Stock Exchange. As of July 30, 2026, the company held 1,514,061 common shares in treasury, representing 0.85% of total issued common shares. Since the multi-year program began on January 5, 2026, Ferrari has repurchased a total of 1,624,441 common shares across both exchanges for a combined consideration of 483,392,467.03 euros.

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Consumer Discretionary · 1 stocks
Ferrari NV
2FE
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Ferrari continues its multi-year share buyback program, repurchasing shares, which typically supports stock price.