FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

GlobeNewswire04-27 22:39

Maranello (Italy), April 27, 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on April 10, 2026, as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “Second Tranche”), the additional common shares - reported in aggregate form, on a daily basis on the Euronext Milan (EXM) as follows:

 

Trading
Date
(dd/mm/yyyy)

 
 

Stock Exchange

 
 

Number of common shares purchased

 
 

Average price per share
excluding fees
(€)

 
 

Consideration excluding fees

 

(€)

 
20/04/2026EXM8,000312.34662,498,772.80
21/04/2026EXM10,000313.14453,131,445.00
22/04/2026EXM15,000308.23114,623,466.50
23/04/2026EXM15,000305.31584,579,737.00
24/04/2026EXM10,000300.25503,002,550.00
Total-58,000307.516717,835,971.30

           
Since the announcement of such Second Tranche till April 24, 2026, the total invested consideration has been:

  • Euro 29,675,805.69 for No. 97,037 common shares purchased on the EXM

As of April 24, 2026 the Company held in treasury No. 17,516,708 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 9.03% of the then total issued common shares. Including the special voting shares, the Company held in treasury 9.41% of the then total issued share capital. For the avoidance of doubt, the cancellation of treasury shares, as approved by the Annual General Meeting of Shareholders of the Company held on April 15, 2026, has not yet been effectuated and therefore has not been taken into account for such calculations.

Since January 5, 2026, start date of the multi-year share buyback program of approximately Euro 3.5 billion announced during the 2025 Capital Markets Day, until April 24, 2026, the Company has purchased a total of 982,482 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 290,433,890.73.

A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (https://www.ferrari.com/en-EN/corporate/buyback-programs).

Attachment

  • FNV BB PR 27 April 2026 ENG

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment