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The latest announcement is out from Ferrari ( (IT:RACE) ).
Ferrari reported on March 30, 2026 that it continued executing the first €250 million tranche of its multi-year share buyback program, which is expected to total about €3.5 billion by 2030. Between March 23 and March 27, 2026, the company repurchased 107,859 common shares on Euronext Milan and the NYSE for roughly €30.1 million, signaling an ongoing commitment to shareholder returns and balance-sheet optimization.
Since the first tranche was announced on December 16, 2025 and the broader buyback launched on January 5, 2026, Ferrari has acquired 737,600 own shares on both exchanges for a cumulative €217.2 million. As of March 27, 2026, Ferrari held 17,382,206 common shares in treasury, equal to 8.96% of issued common shares, underscoring a sizeable reduction in free float that could support earnings per share and reinforce the company’s market positioning in the luxury automotive sector.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR460.00 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 headquartered in Maranello, Italy, best known for its high-end sports cars and strong brand in the premium and racing segments. The company’s shares are listed on both the New York Stock Exchange and Euronext Milan under the ticker RACE, and it actively manages its capital structure through share repurchase programs.
YTD Price Performance: -12.68%
Average Trading Volume: 588,849
Technical Sentiment Signal: Sell
Current Market Cap: €65.8B
For an in-depth examination of RACE stock, go to TipRanks’ Overview page.