Ferrari Expands Second Tranche of €3.5 Billion Share Buyback Program
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Ferrari has announced progress on the €250 million second tranche of its €3.5 billion share buyback program, initiated on April 10, 2026. Between May 4 and May 8, 2026, the company repurchased 73,191 shares for approximately €21 million. To date, it has invested about €61.3 million in 206,134 shares on Euronext Milan and €2.55 million in 8,876 shares on the NYSE. Ferrari currently holds 17,634,681 treasury shares, representing 9.09% of issued common shares. The latest analyst rating for Ferrari stock is a Buy with a price target of EUR355.00.
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