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Ferrari Updates on First Tranche of €3.5 Billion Share Buyback Program

Story Highlights
  • Ferrari advanced its €250 million first tranche of a €3.5 billion buyback, reporting substantial January purchases.
  • By January 16, 2026, Ferrari held about 8.6% of its common shares in treasury, signaling an assertive capital return policy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ferrari Updates on First Tranche of €3.5 Billion Share Buyback Program

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An update from Ferrari ( (IT:RACE) ) is now available.

On January 19, 2026, Ferrari reported the latest progress of the €250 million first tranche of its multi-year share buyback program, which is part of a broader plan to repurchase approximately €3.5 billion of shares by 2030. Between January 12 and January 16, 2026, the company repurchased 45,500 common shares on Euronext Milan at an average price of €311.18, for a total consideration of about €14.16 million, bringing total purchases since the start of the program on January 5, 2026 to 84,500 shares for €26.58 million across EXM and NYSE, including sell-to-cover transactions. As of January 16, 2026, Ferrari held 16,729,106 common shares in treasury, equivalent to 8.63% of its issued common shares (9.10% including special voting shares), underscoring an active capital return strategy that tightens the free float and may support earnings per share and shareholder value over time.

The most recent analyst rating on (IT:RACE) stock is a Hold with a EUR324.00 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 and racing cars and its premium brand positioning in the global automotive and luxury goods markets. The company’s shares are listed on both the New York Stock Exchange and Euronext Milan, reflecting its international investor base and focus on long-term value creation for shareholders.

Average Trading Volume: 504,340

Technical Sentiment Signal: Sell

Current Market Cap: €70.95B

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

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