Ferrari's Ongoing Commitment to Share Buybacks
Ferrari N.V. (NYSE/EXM: RACE) continues to prioritize shareholder value with its substantial ongoing share buyback program. Announced with great anticipation, this initiative involves a remarkable Euro 360 million investment, marking it as the eighth tranche of a broader Euro 2 billion plan scheduled for completion by 2026. This program aims to optimize the capital structure and enhance shareholder returns while ensuring Ferrari remains a leader in the luxury automotive sector.
Details of the Recent Buyback Activity
As of now, the Company has shared insights about its recent buying activities. On December 2, 2025, Ferrari acquired 6,478 common shares on the New York Stock Exchange (NYSE). These purchases were made at an average price of approximately $385.87 per share, totaling an investment of around $2.5 million. This step aligns with Ferrari's dedication to robust financial management and showcases its commitment to returning value to its investors.
Overview of Investment Progress
Since the inception of this buyback program, which kicked off on July 1, 2022, Ferrari has invested nearly Euro 280 million, acquiring close to 750,046 shares on the EXM, along with additional shares in the NYSE totalling approximately 204,866 common shares. These investments reflect a total expenditure of USD 87 million, demonstrating Ferrari's strategic approach towards long-term value enhancement.
Company Holdings and Future Outlook
As of December 8, 2025, the Company is holding a significant number of treasury shares, totaling 16,629,207 common shares. This represents about 8.58% of the total shares currently issued. Including the special voting shares, Ferrari's treasury stock amounts to 9.06% of its issued share capital, showcasing its solid foundation and effective capital management strategy.
Long-term Strategy for Growth
Ferrari's determination to implement a multi-year share buyback program demonstrates its confidence in the company’s future and its commitment to enhancing shareholder wealth. With a total of 5,965,932 common shares repurchased across both the EXM and NYSE, the investments to date encompass a lively total consideration of nearly Euro 2 billion. This strategic move signifies an unwavering belief in the brand's strength and growth potential in the luxury automotive market.
Looking Ahead: Insights into the Upcoming Periods
The execution of this buyback program reflects Ferrari's confident outlook as it continues to innovate and lead in the automotive luxury segment. The current economic climate offers unique opportunities for growth, and Ferrari aims to leverage this period to adapt and enhance its market position through well-planned investments.
Ferrari remains committed to transparency, regularly updating its shareholders on the progress of its buyback efforts and financial accomplishments. The details of such transactions are diligently documented on Ferrari's official website, ensuring that stakeholders have continual access to information regarding their investment.
Frequently Asked Questions
What is the purpose of Ferrari's buyback program?
The buyback program is designed to enhance shareholder value by reducing the number of outstanding shares, thus improving earnings per share and boosting the stock price.
How much has Ferrari invested in its buyback program?
Ferrari has committed approximately Euro 2 billion to its multi-year buyback program, with nearly Euro 360 million allocated to the most recent tranche.
When did Ferrari start its share buyback program?
The buyback initiative commenced on July 1, 2022, and is part of an ongoing strategy to optimize capital structure and maximize shareholder returns.
How many shares has Ferrari repurchased?
As of December 8, 2025, Ferrari has repurchased a total of 5,965,932 shares across both the EXM and NYSE.
Where can I find more information about Ferrari's buyback program?
Detailed information regarding the buyback activities can be found on Ferrari's corporate website under the Buyback Programs section, ensuring shareholders stay informed.
