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3 clusters · 7 sources · 21 days · First seen 24 days ago · Last updated 3 days ago

Categories: BUSINESS

Ferrari share buyback and stock rally

Entities: New York Stock Exchange · Euronext Milan · Maranello · Ferrari N.V. · European Central Bank

Overview

In early July 2026 Ferrari announced execution of the second tranche of its €250 million share‑buyback programme, adding 62,641 shares on the NYSE and bringing cumulative repurchases to €433.93 million. The news helped the stock rebound about 14 % above pre‑launch levels of the new fully electric Luce model, prompting analysts to raise price targets – Bank of America to $458 and Wolfe Research to $436 – and to highlight an upcoming high‑priced 12‑cylinder manual model as a hedge against weaker electric demand.

Between 20 and 24 July the company completed the €250 million tranche on Euronext Milan, buying 57,800 ordinary shares at an average €321.35 and spending €18.57 million. Since the programme began on 5 January 2026, Ferrari has repurchased 1,612,475 shares for €479.38 million, holding 1,502,095 treasury shares (0.85 % of issued common shares, 0.64 % of total share capital). The buyback coincided with the Milan‑listed price rising to roughly €326.7. Investor confidence remains buoyed ahead of the next earnings release, with the buyback and analyst upgrades sustaining the rally.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 3 SOURCES] Ferrari launched a €250 million second tranche of its share buyback program announced on 10 April 2026. (Ferrari N.V. press release and related articles.)
[● 3 SOURCES] Between 20 July and 24 July 2026, Ferrari purchased 57,800 ordinary shares on Euronext Milan. (Company trading disclosures.)
[● 3 SOURCES] The average price per share for the July purchases was €321.3537. (Company trading disclosures.)
[● 3 SOURCES] Ferrari spent €18,574,242.14 on the July 20‑24 share purchases. (Company trading disclosures.)
[● 3 SOURCES] Since 5 January 2026, Ferrari has repurchased 1,612,475 shares for €479,382,135.21. (Company cumulative buyback summary.)
[● 3 SOURCES] As of 24 July 2026, Ferrari held 1,502,095 treasury shares, representing 0.85 % of issued common shares and 0.64 % of total share capital including special voting shares. (Company treasury report.)
[● 3 SOURCES] Since the second‑tranche announcement, Ferrari invested €183,382,810.21 for 608,711 shares on EXM and $40,797,556.26 (≈€35,241,239.97) for 118,319 shares on the NYSE. (Company buyback accounting.)
[○ 1 SOURCE] Ferrari's Milan‑listed share price rose to about €326.7 during the buyback period. (Market commentary in Italian article.)

Timeline

3 days ago

[BUSINESS] 3 sources
Ferrari completes €250 million second‑tranche buyback, buying 57,800 shares
Ferrari completed its €250 million second‑tranche buyback, purchasing 57,800 shares in July 2026 and holding 1.5 million treasury shares, bringing total repurchases to €479 million since Jan 2026.
18 days ago

[BUSINESS] 2 sources
Ferrari shares rebound 14% as analysts raise price targets
Ferrari stock rose 14% after a dip, with BofA and Wolfe Research boosting price targets to $458 and $436 and citing the new 12‑cylinder manual model as a revenue offset.
24 days ago

[BUSINESS] 2 sources
Ferrari completes €250 million buyback tranche, treasury reaches 9.6% of shares
Ferrari’s €250 million buyback tranche bought 62,641 shares for €19.1 million, raising its treasury to 9.59 % of capital; total repurchases since Jan 2026 total €433.9 million.

Sources

bitfinanzas.com · borsaefinanza.it · borse.it · economytoday.sigmalive.com · givetohelp.org · pressreach.com · stocktitan.net