---
title: "Ferrari Details Progress on €3.5 Billion Multi-Year Share Buyback Program"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293923191.md"
description: "Ferrari is executing its €3.5 billion multi-year share buyback program through 2030. Between July 20-24, 2026, the company repurchased 57,800 shares for approximately €18.6 million on Euronext Milan. Since January 2026, Ferrari has bought over 1.6 million shares totaling €479.4 million, supporting its capital return strategy. Analysts maintain a 'Buy' rating with a EUR380 price target."
datetime: "2026-07-27T11:17:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293923191.md)
  - [en](https://longbridge.com/en/news/293923191.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293923191.md)
---

# Ferrari Details Progress on €3.5 Billion Multi-Year Share Buyback Program

Ferrari ( (IT:RACE) ) has shared an update.

Between July 20 and July 24, 2026, Ferrari continued executing the second €250 million tranche of its multi-year share buyback program, repurchasing 57,800 shares on Euronext Milan for about €18.6 million at an average price of €321.35 per share. These purchases form part of a broader €3.5 billion buyback initiative running through 2030, first outlined at the company’s 2025 Capital Markets Day.

As of July 24, 2026, Ferrari had invested roughly €183.4 million on EXM and $40.8 million (about €35.2 million) on the NYSE in this second tranche, accumulating 727,030 shares under it and holding 1,502,095 treasury shares, equal to 0.85% of issued common shares and 0.64% of total share capital including special voting shares. Since the start of the multi-year program on January 5, 2026, the company has bought 1,612,475 shares for about €479.4 million, underscoring an ongoing capital return strategy that may support earnings per share and signal confidence in long-term value creation for shareholders.

The most recent analyst rating on (IT:RACE) stock is a Buy  
with a EUR380.00 price target.  
To see the full list of analyst forecasts on Ferrari stock,  
see the IT:RACE Stock Forecast page.

**More about Ferrari**

Ferrari N.V. is a luxury performance automotive manufacturer based in Maranello, Italy, known for high-end sports cars and racing heritage and listed on the NYSE and Euronext Milan under the ticker RACE. The company targets the global premium and supercar market, combining limited-production road vehicles with a strong brand positioning in motorsport and exclusive lifestyle offerings.

**YTD Price Performance:** 0.96%

**Average Trading Volume:** 579,560

**Technical Sentiment Signal:** Buy

**Current Market Cap:** €75.22B

For an in-depth examination of RACE stock, go to TipRanks’ Overview page.

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