Ferrari stock gains as buyback program accelerates with million-euro purchases

Published on 09/08/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferrari stock is supported by an intensified share buyback, with the luxury carmaker investing millions of euros in its third tranche and lifting its treasury share balance ahead of upcoming corporate milestones.

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Ferrari N.V. stock (ISIN NL0011585146) is trading with support from an accelerated share buyback program, after the company invested more than EUR 7.9 million in repurchasing its own shares in early September 2026 according to a periodic report dated September 7, 2026.Ferrari N.V. periodic buyback report The buyback comes on top of a multi-year plan of approximately EUR 3.5 billion in repurchases expected to be executed by 2030, giving investors a clear signal of capital-return priorities as of early September 2026.Ferrari N.V. periodic buyback report

Buyback program adds millions and lifts treasury shares

Per the periodic report released from Maranello on September 7, 2026, Ferrari is executing a EUR 250 million share buyback program announced on September 1, 2026 as the third tranche of its multi-year plan of approximately EUR 3.5 billion to be completed by 2030.Ferrari N.V. periodic buyback report This third tranche focuses on purchasing common shares both on Euronext Milan and on the New York Stock Exchange, with transactions reported in aggregate form on a daily basis.

According to the same disclosure, from the announcement of the third tranche until September 4, 2026, Ferrari invested EUR 7,935,908.52 for 22,300 common shares purchased on Euronext Milan and USD 5,499,903.54, corresponding to EUR 4,742,130.55 at European Central Bank reference exchange rates, for 13,341 common shares purchased on the New York Stock Exchange.Ferrari N.V. periodic buyback report In total, this means the company deployed roughly EUR 12.7 million equivalent within a few trading days at the start of September 2026, a scale that matches figures reported by Italian financial media on September 7, 2026, which cited a total of 35,641 shares repurchased between September 2 and September 4, 2026 for a consideration of EUR 12,678,039.07 at an average price of EUR 355.7150 per share.Teleborsa buyback report

The same report notes that as of September 4, 2026, Ferrari held in treasury 1,626,445 common shares net of equity incentive plan assignments, corresponding to 0.92 percent of the total issued common shares.Ferrari N.V. periodic buyback report Including the special voting shares, treasury holdings represented 0.70 percent of the total issued share capital, underscoring that while the buyback is sizable in euro terms, it still addresses a relatively modest percentage of the free float.

Multi-year repurchase plan and recent trading context

Ferrari’s multi-year buyback plan started on January 5, 2026, and since then up to September 4, 2026, the company has purchased a total of 1,736,825 own common shares on Euronext Milan and the New York Stock Exchange, including transactions for sell-to-cover, for a global consideration of EUR 523,435,344.28.Ferrari N.V. periodic buyback report For investors, this means that more than half a billion euros have already been directed to share repurchases within roughly eight months, which can have a material impact over time on earnings per share and on the supply of shares available in the market.

Italian market coverage on September 7, 2026 highlighted that during the period from September 2 to September 4, 2026, Ferrari repurchased 35,641 shares across the Milan and New York venues with an average price of EUR 355.7150 per share, confirming the scale of the early-September activity.Teleborsa buyback report At the same time, market data in that coverage indicated that the Ferrari share on Euronext Milan closed the trading session with a gain of 0.84 percent at EUR 356.15, which places the price just above the reported buyback average and signals that the company’s purchases have been carried out close to the prevailing market level.Alliance News Ferrari buyback report

The relationship between the buyback average price and the closing price on September 4, 2026 shows that Ferrari was prepared to repurchase its shares at levels essentially in line with the market, rather than attempting to time lower dips. With an average repurchase price of EUR 355.7150 and a Milan closing price of EUR 356.15 on that reference day, the difference is only around EUR 0.44 per share, indicating a disciplined and continuous execution strategy rather than opportunistic one-off trades.Teleborsa buyback reportAlliance News Ferrari buyback report

Analyst and investor perspective on capital allocation

From an investor perspective, the intensified buyback activity in early September 2026 underscores Ferrari’s confidence in its long-term cash generation and brand strength, and follows guidance communicated during the 2025 Capital Markets Day where management outlined the multi-year EUR 3.5 billion repurchase framework.Ferrari N.V. periodic buyback report The decision to allocate such a substantial amount to buying back shares, alongside ongoing investments in new models and electrification, signals a balance between growth spending and shareholder returns.

Financial portals and Italian market commentary point out that the EUR 250 million third tranche represents only a fraction of the total planned EUR 3.5 billion buyback envelope, meaning that future repurchase activity could continue to provide a floor under Ferrari’s valuation if earnings delivery remains strong.Teleborsa buyback report Historically, the company has combined steady dividend payments with periodic buybacks, and the latest moves reinforce a pattern of returning surplus capital while maintaining a conservative balance sheet.

One key risk investors must weigh in the context of the buyback is that repurchases are being executed at elevated price levels relative to historical trading ranges, with Milan prices around the mid-EUR 350s as of early September 2026 compared with significantly lower levels observed in prior years.Alliance News Ferrari buyback report If macroeconomic conditions or luxury demand were to soften, buying back stock at high valuations could prove less value-enhancing, making the pace and timing of future tranches an important monitoring point.

Ferrari models remain central to the brand story

Beyond the capital markets narrative, Ferrari’s product range remains a central driver of investor interest, with models such as the Ferrari California serving as enduring symbols of the brand’s blend of performance and everyday usability.Autogespot Ferrari California spot The California, introduced as a front-engine grand tourer with a retractable hardtop, helped Ferrari broaden its customer base and underline its capability to produce cars that are both high-performance and more practical for regular road use.

Spots and enthusiast coverage continue to highlight Ferrari California vehicles on European roads in September 2026, underscoring how older models contribute to the brand’s visibility and residual values.Autogespot Ferrari California spot For shareholders, the sustained desirability of legacy products supports Ferrari’s pricing power in new launches and reinforces the case for strong margins, which in turn make share buybacks and dividends more sustainable over the long term.

Stock level and market data as of the latest close

In recent trading on Euronext Milan, Ferrari shares closed at EUR 356.15, with Italian coverage dated September 7, 2026 indicating that this represented a 0.8 to 0.84 percent increase on the session, placing the stock close to its reported buyback average price and signaling investor acceptance of the company’s capital allocation moves.Teleborsa buyback reportAlliance News Ferrari buyback report As of the early-September buyback report, Ferrari’s treasury share position stood at 1,626,445 common shares, equivalent to 0.92 percent of issued common shares and 0.70 percent of total issued share capital including special voting shares, figures that define the scale of repurchased equity in the market.Ferrari N.V. periodic buyback report