Ferrari Shareholders Approve €640 Million Dividend and Renew Buyback Mandate at 2026 AGM

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

Ferrari’s Annual General Meeting of Shareholders, held on April 15, 2026 in Amsterdam, approved the 2025 Annual Accounts, endorsed the 2025 Remuneration Report and authorized a cash dividend of €3.615 per share, totaling about €640 million. The stock will trade ex‑dividend from April 20 on Euronext Milan and April 21 on NYSE, with a record date of April 21 and payment on May 5, while NYSE investors will receive the payout in U.S. dollars.

Shareholders re‑elected all directors standing for election, including executive directors John Elkann and Benedetto Vigna and a full slate of non‑executive directors, reinforcing continuity in Ferrari’s governance. They also renewed 18‑month authorizations for the board to issue shares, limit pre‑emptive rights and repurchase up to 10% of share capital, approved the cancellation of treasury and special voting shares held at year‑end 2025 and on April 15, 2026, re‑appointed Deloitte as auditor and sustainability assurance provider for 2026, and backed new equity‑based awards for executive directors, collectively enhancing Ferrari’s capital‑management flexibility and aligning leadership incentives with shareholder interests.

The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR360.00 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 an Italian luxury sports car manufacturer headquartered in Maranello, known for high‑performance road cars and a strong presence in motorsport. The company targets the global luxury and ultra‑high‑net‑worth market, and its shares are listed on both the Euronext Milan exchange and the New York Stock Exchange under the ticker RACE.

Average Trading Volume: 597,631

Technical Sentiment Signal: Hold

Current Market Cap: €70.73B

Learn more about RACE stock on TipRanks’ Stock Analysis page.