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Ferrari ( (IT:RACE) ) has shared an announcement.
On September 22, 2025, Ferrari N.V. announced the completion of the eighth tranche of its share buyback program, initially announced on July 31, 2025. This tranche is part of a larger multi-year program worth approximately Euro 2 billion, expected to be completed by 2026. The company purchased 66,210 common shares on the Euronext Milan and New York Stock Exchange between September 15 and September 19, 2025, for a total consideration of Euro 26,865,609.96. As of September 19, 2025, Ferrari held 8.80% of its total issued share capital in treasury, including special voting shares. This strategic move is aimed at enhancing shareholder value and maintaining a strong market position.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR520.00 price target. To see the full list of analyst forecasts on Ferrari stock, see the IT:RACE Stock Forecast page.
More about Ferrari
Ferrari N.V. is a renowned luxury sports car manufacturer based in Maranello, Italy. The company is known for its high-performance vehicles and has a significant presence in the global automotive market, focusing on producing exclusive and premium sports cars.
YTD Price Performance: -0.42%
Average Trading Volume: 311,686
Technical Sentiment Signal: Strong Buy
Current Market Cap: €96.34B
See more insights into RACE stock on TipRanks’ Stock Analysis page.