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Ferrari ( (IT:RACE) ) has issued an announcement.
On April 20, 2026, Ferrari reported on the progress of its €250 million second tranche share buyback, part of a multi-year €3.5 billion program expected to run through 2030. Between April 13 and April 17, 2026, the company repurchased 39,037 common shares on Euronext Milan for about €11.84 million at an average price of €303.30 per share.
As part of its April 16, 2026 employee share granting process, Ferrari assigned 95,273 treasury shares and simultaneously bought 35,391 shares via a cross order to cover tax obligations under standard “sell to cover” practices. By April 17, 2026, Ferrari held 17,461,497 common shares in treasury, or 9% of issued common shares, and since January 5, 2026 had acquired 924,482 shares for €272.6 million across EXM and NYSE, underscoring sustained capital return and balance-sheet flexibility for shareholders.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR400.00 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 automotive manufacturer based in Maranello, Italy, best known for its high-performance sports cars and participation in motorsport. The company is listed on the New York Stock Exchange and Euronext Milan under the ticker RACE, and targets the global high-end sports and grand touring car market.
YTD Price Performance: -5.00%
Average Trading Volume: 593,227
Technical Sentiment Signal: Buy
Current Market Cap: €71.58B
Learn more about RACE stock on TipRanks’ Stock Analysis page.