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RACEBullishShares Buybacknews
High materiality7/10

Ferrari completes second buyback tranche and plans third tranche in 2026

Sep 1, 2026, 12:43 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Share repurchases reduce float and can lift EPS, supporting the stock price. The schedule for a third tranche reinforces ongoing supply-demand dynamics and may provide incremental price support into late 2026; execution risk and market conditions will cap upside.

AI summary

What happened, with direct paths to the underlying reporting

Ferrari disclosed the completion of the second tranche of its €3.5 billion buyback program, with €199.999m on EXM and $58.0m on NYSE. The third tranche, up to €250m, starts Sept 2, 2026, funded from cash, underscoring ongoing capital returns and potential EPS uplift for RACE.

  • Ferrari completes second tranche of €3.5b buyback; cross-listed on EXM and NYSE.
  • Second Tranche purchases: €199,999,777.22 (EXM) and $58,001,993.62 (NYSE).
  • As of Aug 28, 2026, treasury shares total 1,590,804 (0.90%), 0.68% including special voting shares.
  • Third Tranche up to €250m starts Sept 2, 2026, ends Dec 16, 2026.
  • Total buybacks since Jan 5, 2026: 1,701,184 shares for €510,757,305.21.

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