FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

What happened

Ferrari bought back its own common shares on the Euronext Milan exchange over five trading days from October 19 to October 23, 2026, under the third tranche of its multi-year buyback program announced on September 1, 2026.

Confirmed

Global impact / market context

A buyback uses company cash to buy its own shares, which reduces the number of shares available to trade, so each remaining share represents a larger slice of profit; this can support the share price and profit per share.

Analyst inference

This buying is a small part of a multi-year program expected to run through 2030 and funded from Ferrari's cash available, so investors can judge how quickly the company is using that cash and how it affects the share count.

Analyst inference

What to watch

1. Ferrari's report shows the total amount spent so far under the third tranche, on both the Euronext Milan exchange and the New York Stock Exchange, including shares bought each day. Confirmed
2. Investors could compare the amount spent each week with the announced tranche size to estimate how much buying room remains before the tranche is finished. Proposed
3. Continued daily purchases would shrink the share count used to calculate profit per share, which may change how investors value Ferrari's earnings and its cash available. Analyst inference

Evidence

• globenewswire.com