Ferrari Updates Progress on 250 Million Euro Share Buyback

Luxury automaker Ferrari N.V. (MIL:RACE) released an update on its share repurchase program, confirming ongoing activity under the 250 million euro third tranche of its multi-year plan. Since January 5, 2026, the company has spent 627.7 million euros to acquire 2,032,307 common shares. As of October 9, 2026, Ferrari held 1,921,927 treasury shares, which equals 1.08% of its total issued common shares.

The continuous repurchases reduce the number of outstanding shares in the market, supporting capital returns to investors. By lowering the share float, ongoing buyback tranches help support earnings per share over time. This program forms part of a broader, long-term framework targeting roughly 3.5 billion euros in share repurchases by 2030. Shares of Ferrari were trading up 0.34% at 349.1 EUR following the announcement.

Investors will track the ongoing progress and eventual completion of the current 250 million euro tranche. Key future developments to watch include any potential adjustments to the speed or overall scale of the 3.5 billion euro repurchase framework through 2030, as well as decisions on whether repurchased treasury shares will be cancelled or retained for corporate purposes.