Ferrari Completes Eighth Tranche of Euro 360 Million Share Buyback Program

Ferrari N.V. has announced the completion of the eighth tranche of its share buyback program, which began in July 2025. Under this program, the company has purchased a total of €216,878,827.02 worth of common shares, bringing the total number of shares held in treasury to 16,352,507, representing 8.43% of the total issued common shares. This purchase is part of the company's multi-year share buyback program, which aims to buy back approximately €2 billion worth of shares by 2026.

Key Takeaways:

  • Ferrari has completed the eighth tranche of its €360 million share buyback program, purchasing €216,878,827.02 worth of common shares.
  • The company has purchased a total of 5,689,232 own common shares on the Euronext Milan (EXM) and New York Stock Exchange (NYSE) since the start of the program in July 2022.
  • As of October 31, 2025, Ferrari held in treasury 16,352,507 common shares, net of shares assigned under the company's equity incentive plan, representing 8.43% of the total issued common shares.
  • Including special voting shares, Ferrari held in treasury 8.95% of the total issued share capital.
  • The company has spent a total of €1,900,923,612.72 on the buyback program since its inception.
  • Ferrari has completed the following transactions under the buyback program:

| Date | Stock Exchange | Number of Common Shares Purchased | Average Price per Share (EUR) | Consideration (EUR) |

| --- | --- | --- | --- | --- |

| 27/10/2025 | EXM | 11,400 | 351.8843 | €4,011,481.02 |

| 28/10/2025 | EXM | 14,600 | 346.9890 | €5,066,039.40 |

| 29/10/2025 | EXM | 13,300 | 340.8049 | €4,532,705.17 |

| 30/10/2025 | EXM | 10,000 | 337.9075 | €3,379,075.00 |

| 31/10/2025 | EXM | 9,750 | 346.5772 | €3,379,127.70 |

| 31/10/2025 | NYSE | 108,438 | 41,475,088.35 | €48,417,771.03 |

Statistics:

  • Total consideration spent on the buyback program: €1,900,923,612.72
  • Total number of common shares purchased: 5,689,232
  • Total number of shares held in treasury: 16,352,507
  • Percentage of total issued common shares held in treasury: 8.43%
  • Percentage of total issued share capital held in treasury: 8.95%
  • Total value of shares purchased under the €360 million share buyback program: €216,878,827.02

Sources:

  • Ferrari N.V. press release, November 3, 2025
  • Ferrari N.V. corporate website, Buyback Programs section
  • European Central Bank EUR/USD exchange reference rate