Ferrari ( (IT:RACE) ) has issued an announcement.

On July 20, 2026, Ferrari reported recent activity under its €250 million second tranche share buyback program, part of a broader €3.5 billion plan expected to run through 2030. Between July 13 and July 17, 2026, the company repurchased 53,932 common shares on Euronext Milan at an average price of €327.93, for a total consideration of about €17.69 million.

Since the second tranche’s launch on April 10, 2026, Ferrari has invested approximately €164.8 million on EXM and the equivalent of €35.24 million on the NYSE, accumulating 669,230 shares across both venues by July 17. Following share cancellations approved at the April 15, 2026 AGM, Ferrari held 1,444,295 treasury shares, equal to 0.81% of issued common shares, signaling ongoing capital return and an active effort to optimize its share base for investors.

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.