Ferrari N.V. (RACE) reported the successful completion of its eighth tranche of a multi-year share buyback program. The buyback, conducted between August 22nd and 29th, 2025, involved the purchase of additional common shares on both Euronext Milan (EXM) and the New York Stock Exchange (NYSE).
The company invested approximately €22.4 million to acquire 55,300 shares on EXM. A further investment of roughly $5.8 million, or approximately €4.98 million, was used to purchase 12,166 shares on the NYSE. The average price per share varied slightly across the trading days and exchanges.
This latest purchase is part of a larger €2 billion share buyback program announced in 2022. Ferrari aims to complete this program by 2026. The company has already purchased a substantial number of its own shares since the start of the multi-year program in July 2022.
As of August 29th, 2025, Ferrari held over 15.7 million of its own shares in treasury. This represents approximately 8.73% of the company’s total issued share capital, taking into account both common and special voting shares, and net of shares assigned under the company’s equity incentive plan.
Ferrari has provided comprehensive details of all transactions conducted under the share buyback program on its corporate website. This information is accessible in the Buyback Programs section of the website. The company continues to execute its buyback strategy in accordance with its previously disclosed plans. Details regarding future tranches will be announced in due course.
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