Ferrari ( (IT:RACE) ) has shared an update.

Between July 20 and July 24, 2026, Ferrari continued executing the second €250 million tranche of its multi-year share buyback program, repurchasing 57,800 shares on Euronext Milan for about €18.6 million at an average price of €321.35 per share. These purchases form part of a broader €3.5 billion buyback initiative running through 2030, first outlined at the company’s 2025 Capital Markets Day.

As of July 24, 2026, Ferrari had invested roughly €183.4 million on EXM and $40.8 million (about €35.2 million) on the NYSE in this second tranche, accumulating 727,030 shares under it and holding 1,502,095 treasury shares, equal to 0.85% of issued common shares and 0.64% of total share capital including special voting shares. Since the start of the multi-year program on January 5, 2026, the company has bought 1,612,475 shares for about €479.4 million, underscoring an ongoing capital return strategy that may support earnings per share and signal confidence in long-term value creation for shareholders.

The most recent analyst rating on (IT:RACE) stock is a Buy
with a EUR380.00 price target.
To see the full list of analyst forecasts on Ferrari stock,
see the IT:RACE Stock Forecast page.