Ferrari (NYSE: RACE) buys back 107,859 shares in March 2026
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Ferrari N.V. provides an update on its ongoing share buyback activity. Under the €250 million first tranche of a multi-year buyback program of approximately €3.5 billion expected to be executed by 2030, the company repurchased 107,859 common shares between March 23 and March 27, 2026 for a total consideration of €30,102,584.36 across Euronext Milan and the New York Stock Exchange.
Since the first tranche was announced, Ferrari has invested €177,022,572.30 to buy 600,493 common shares on Euronext Milan and $46,497,413.69 (equivalent to €40,205,086.77) to buy 137,107 common shares on the NYSE. As of March 27, 2026, Ferrari held 17,382,206 common shares in treasury, equal to 8.96% of issued common shares, or 9.36% of total issued share capital including special voting shares. From the start of the multi-year buyback program on January 5, 2026 through March 27, 2026, total purchases reached 737,600 common shares for €217,227,659.06.
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Key Figures
Weekly shares repurchased: 107,859 shares
Weekly buyback spending: €30,102,584.36
First tranche EXM spending: €177,022,572.30
+5 more
8 metrics
Weekly shares repurchased
107,859 shares
Total common shares bought March 23–27, 2026 on EXM and NYSE
Weekly buyback spending
€30,102,584.36
Total consideration excluding fees for March 23–27, 2026 purchases
First tranche EXM spending
€177,022,572.30
Consideration for 600,493 common shares on Euronext Milan
First tranche NYSE spending
$46,497,413.69
Consideration for 137,107 common shares on NYSE (≈€40,205,086.77)
Treasury common shares
17,382,206 shares
Common shares held in treasury as of March 27, 2026
Treasury percentage (common)
8.96%
Portion of total issued common shares held in treasury
Treasury percentage (including special voting)
9.36%
Portion of total issued share capital including special voting shares
Program-to-date spending
€217,227,659.06
Total consideration for 737,600 shares since January 5, 2026
Key Terms
share buyback program, multi-year share buyback program, treasury, special voting shares, +1 more
5 terms
treasury financial
"As of March 27, 2026 the Company held in treasury No. 17,382,206 common shares"
The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.
Sell to Cover financial
"including transactions for Sell to Cover, for a total consideration of Euro 217,227,659.06"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________
FORM 6-K
_______________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2026
Commission File No. 001-37596
_______________________________
FERRARI N.V.
(Translation of Registrant’s Name Into English)
_______________________________
Via Abetone Inferiore n.4
I-41053 Maranello (MO)
Italy
Tel. No.: +39 0536 949111
(Address of Principal Executive Offices)
_______________________________
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F o
The following exhibit is furnished herewith:
Exhibit 99.1 Press release issued by Ferrari N.V. dated March 30, 2026.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: March 30, 2026 | FERRARI N.V. | ||||||||||
| By: | /s/ Antonio Picca Piccon | ||||||||||
| Name: | Antonio Picca Piccon | ||||||||||
| Title: | Chief Financial Officer | ||||||||||
Index of Exhibits
Exhibit
Number Description of Exhibit
99.1 Press release issued by Ferrari N.V. dated March 30, 2026.
Exhibit 99.1
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), March 30, 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on December 16, 2025, as the first tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “First Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
EXM | NYSE | Total | ||||||||||||||||||||||||||||||
| Trading Date (d/m/y) | Number of common shares purchased | Average price per share excluding fees (€) | Consideration excluding fees (€) | Number of common shares purchased | Average price per share excluding fees ($) | Consideration excluding fees ($) | Consideration excluding fees (€)* | Number of common shares purchased | Average price per share excluding fees (€)* | Consideration excluding fees (€)* | ||||||||||||||||||||||
| 23/03/2026 | 16,000 | 278.8370 | 4,461,392.00 | — | — | — | — | 16,000 | 278.8370 | 4,461,392.00 | ||||||||||||||||||||||
| 24/03/2026 | 16,500 | 280.5767 | 4,629,515.55 | — | — | — | — | 16,500 | 280.5767 | 4,629,515.55 | ||||||||||||||||||||||
| 25/03/2026 | 20,000 | 279.0420 | 5,580,840.00 | 10,893 | 321.2823 | 3,499,728.09 | 3,019,089.11 | 30,893 | 278.3779 | 8,599,929.11 | ||||||||||||||||||||||
| 26/03/2026 | 16,000 | 279.0075 | 4,464,120.00 | — | — | — | — | 16,000 | 279.0075 | 4,464,120.00 | ||||||||||||||||||||||
| 27/03/2026 | 17,500 | 280.4995 | 4,908,741.25 | 10,966 | 319.1579 | 3,499,885.53 | 3,038,886.46 | 28,466 | 279.1972 | 7,947,627.71 | ||||||||||||||||||||||
| Total | 86,000 | 279.5885 | 24,044,608.80 | 21,859 | 320.2166 | 6,999,613.63 | 6,057,975.56 | 107,859 | 279.092 | 30,102,584.36 | ||||||||||||||||||||||
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such First Tranche till March 27, 2026, the total invested consideration has been:
•Euro 177,022,572.30 for No. 600,493 common shares purchased on the EXM
•USD 46,497,413.69 (Euro 40,205,086.77*) for No. 137,107 common shares purchased on the NYSE.
As of March 27, 2026 the Company held in treasury No. 17,382,206 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 8.96% of the total issued common shares. Including the special voting shares, the Company held in treasury 9.36% of the total issued share capital.
Ferrari N.V. Amsterdam, The Netherlands | Registered Office: Via Abetone Inferiore N. 4, I – 41053 Maranello (MO) Italy | Dutch trade registration number: 64060977 |  | ||||||||
Since January 5, 2026, start date of the multi-year share buyback program of approximately Euro 3.5 billion announced during the 2025 Capital Markets Day, until March 27, 2026, the Company has purchased a total of 737,600 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 217,227,659.06.
A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (https://www.ferrari.com/en-EN/corporate/buyback-programs).
For further information:
Media Relations
Email: media@ferrari.com
2
FAQ
How much has Ferrari (RACE) spent under the first €250 million buyback tranche?
Under the first €250 million tranche, Ferrari has spent €177,022,572.30 on 600,493 shares on Euronext Milan and $46,497,413.69, equivalent to €40,205,086.77, on 137,107 shares on the NYSE, all excluding fees as disclosed.
What is the total size and timeline of Ferrari's (RACE) multi-year buyback program?
Ferrari’s multi-year buyback program is approximately €3.5 billion, expected to be executed by 2030. The first tranche totals €250 million and was announced in December 2025, following disclosure at the 2025 Capital Markets Day presentation.