{"success":true,"data":{"pressRelease":{"id":"29982","rtpr_id":"nGNE92j7Dy","ticker":"RACE","exchange":"Borsa Italiana","all_tickers":["RACE"],"title":"FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM","author":"Globe Newswire","published_at":"2026-05-11T15:42:10.019Z","article_body":"Maranello (Italy), May 11, 2026 – Ferrari N.V. (NYSE/EXM: RACE)\n(“Ferrari” or the “Company”) informs that the Company has purchased,\nunder the Euro 250 million share buyback program announced on April 10, 2026,\nas the second tranche of the multi-year share buyback program of approximately\nEuro 3.5 billion expected to be executed by 2030 in line with the disclosure\nmade during the 2025 Capital Markets Day (the “Second Tranche”), the\nadditional common shares - reported in aggregate form, on a daily basis on the\nEuronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:\n\n EXM NYSE Total \n Trading Number of common shares purchased Average price per share Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees \n Date excluding fees excluding fees excluding fees \n (d/m/y) (€) (€) ($) ($) (€)* (€)* (€)* \n \n 04/05/2026 17,000 290.4267 4,937,253.90 - - - - 17,000 290.4267 4,937,253.90 \n 05/05/2026 11,284 286.3919 3,231,646.20 - - - - 11,284 286.3919 3,231,646.20 \n 06/05/2026 16,803 283.7528 4,767,898.30 - - - - 16,803 283.7528 4,767,898.30 \n 07/05/2026 11,228 287.9035 3,232,580.50 8,876 337.9359 2,999,519.05 2,548,444.39 20,104 287.5560 5,781,024.89 \n 08/05/2026 8,000 290.0369 2,320,295.20 - - - - 8,000 290.0369 2,320,295.20 \n 64,315 287.4862 18,489,674.10 8,876 337.9359 2,999,519.05 2,548,444.39 73,191 287.4413 21,038,118.49 \n Total \n \n\n(*) translated at the European Central Bank EUR/USD exchange reference rate as\nof the date of each purchase\n            \nSince the announcement of such Second Tranche till May 8, 2026, the total\ninvested consideration has been:\n* Euro 61,289,221.91 for No. 206,134 common shares purchased on the EXM\n * USD 2,999,519.05 (Euro 2,548,444.39*) for No. 8,876 common shares purchased\non the NYSE.\nAs of May 8, 2026 the Company held in treasury No. 17,634,681 common shares,\nnet of shares assigned under the Company’s equity incentive plan,\ncorresponding to 9.09% of the then total issued common shares. Including the\nspecial voting shares, the Company held in treasury 9.45% of the then total\nissued share capital. For the avoidance of doubt, the cancellation of treasury\nshares, as approved by the Annual General Meeting of Shareholders of the\nCompany held on April 15, 2026, has not yet been effectuated and therefore has\nnot been taken into account for such calculations.\n\nSince January 5, 2026, start date of the multi-year share buyback program of\napproximately Euro 3.5 billion announced during the 2025 Capital Markets Day,\nuntil May 8, 2026, the Company has purchased a total of 1,100,455 own common\nshares on EXM and NYSE, including transactions for Sell to Cover, for a total\nconsideration of Euro 324,595,751.34.\n\nA comprehensive overview of the transactions carried out under the buyback\nprogram, as well as the details of the above transactions, are available on\nFerrari’s corporate website under the Buyback Programs section\n(https://www.ferrari.com/en-EN/corporate/buyback-programs).\n\nAttachment\n* FNV BB PR 11 May 2026 ENG\n(https://ml-eu.globenewswire.com/Resource/Download/aa359126-bc4e-4a9d-8ad8-1952749bc9df)","article_body_html":"","raw_payload":{"data":{"id":"nGNE92j7Dy","title":"FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM","author":"Globe Newswire","ticker":"RACE","created":"2026-05-11T15:42:10.019Z","tickers":["RACE"],"exchange":"Borsa Italiana","article_body":"Maranello (Italy), May 11, 2026 – Ferrari N.V. (NYSE/EXM: RACE)\n(“Ferrari” or the “Company”) informs that the Company has purchased,\nunder the Euro 250 million share buyback program announced on April 10, 2026,\nas the second tranche of the multi-year share buyback program of approximately\nEuro 3.5 billion expected to be executed by 2030 in line with the disclosure\nmade during the 2025 Capital Markets Day (the “Second Tranche”), the\nadditional common shares - reported in aggregate form, on a daily basis on the\nEuronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:\n\n EXM NYSE Total \n Trading Number of common shares purchased Average price per share Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees \n Date excluding fees excluding fees excluding fees \n (d/m/y) (€) (€) ($) ($) (€)* (€)* (€)* \n \n 04/05/2026 17,000 290.4267 4,937,253.90 - - - - 17,000 290.4267 4,937,253.90 \n 05/05/2026 11,284 286.3919 3,231,646.20 - - - - 11,284 286.3919 3,231,646.20 \n 06/05/2026 16,803 283.7528 4,767,898.30 - - - - 16,803 283.7528 4,767,898.30 \n 07/05/2026 11,228 287.9035 3,232,580.50 8,876 337.9359 2,999,519.05 2,548,444.39 20,104 287.5560 5,781,024.89 \n 08/05/2026 8,000 290.0369 2,320,295.20 - - - - 8,000 290.0369 2,320,295.20 \n 64,315 287.4862 18,489,674.10 8,876 337.9359 2,999,519.05 2,548,444.39 73,191 287.4413 21,038,118.49 \n Total \n \n\n(*) translated at the European Central Bank EUR/USD exchange reference rate as\nof the date of each purchase\n            \nSince the announcement of such Second Tranche till May 8, 2026, the total\ninvested consideration has been:\n* Euro 61,289,221.91 for No. 206,134 common shares purchased on the EXM\n * USD 2,999,519.05 (Euro 2,548,444.39*) for No. 8,876 common shares purchased\non the NYSE.\nAs of May 8, 2026 the Company held in treasury No. 17,634,681 common shares,\nnet of shares assigned under the Company’s equity incentive plan,\ncorresponding to 9.09% of the then total issued common shares. Including the\nspecial voting shares, the Company held in treasury 9.45% of the then total\nissued share capital. For the avoidance of doubt, the cancellation of treasury\nshares, as approved by the Annual General Meeting of Shareholders of the\nCompany held on April 15, 2026, has not yet been effectuated and therefore has\nnot been taken into account for such calculations.\n\nSince January 5, 2026, start date of the multi-year share buyback program of\napproximately Euro 3.5 billion announced during the 2025 Capital Markets Day,\nuntil May 8, 2026, the Company has purchased a total of 1,100,455 own common\nshares on EXM and NYSE, including transactions for Sell to Cover, for a total\nconsideration of Euro 324,595,751.34.\n\nA comprehensive overview of the transactions carried out under the buyback\nprogram, as well as the details of the above transactions, are available on\nFerrari’s corporate website under the Buyback Programs section\n(https://www.ferrari.com/en-EN/corporate/buyback-programs).\n\nAttachment\n* FNV BB PR 11 May 2026 ENG\n(https://ml-eu.globenewswire.com/Resource/Download/aa359126-bc4e-4a9d-8ad8-1952749bc9df)"},"type":"article","timestamp":"2026-05-11T15:42:10.235766212Z","server_sent_at_ms":1778514130235},"received_at":"2026-05-11T15:42:10.288Z","source_url":null},"analysis":{"id":"22271","press_release_id":"29982","analysis_json":{"industry":{"label":"Automobiles","sector":"Consumer Discretionary"},"redFlags":[],"eventType":"buyback","narrative":"Ferrari N.V. reported the purchase of 73,191 common shares between May 4 and May 8, 2026, investing approximately €21.0 million under the second tranche of its multi-year buyback program.\n\nSince the program launched on January 5, 2026, the company has repurchased 1,100,455 shares for a total consideration of roughly €324.6 million.\n\nAs of May 8, 2026, the company held 17,634,681 treasury shares, equivalent to 9.09% of the total issued common shares.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine periodic buyback update confirms ongoing capital return."},"keyFigures":{"sharesOffered":73191,"customDimensions":{"ytd_consideration":"€324,595,751.34","treasury_shares_pct":"9.09%","ytd_shares_repurchased":1100455,"buyback_consideration_period":"€21,038,118.49","multi_year_program_total_eur":"3.5 billion"}},"quotedText":"","namedEntities":{"people":[],"products":[],"companies":[{"name":"Ferrari N.V.","ticker":"RACE"}],"dollarAmounts":[{"amount":"Euro 250 million","context":"size of the second tranche announced April 10, 2026"},{"amount":"Euro 3.5 billion","context":"total multi-year share buyback program expected by 2030"},{"amount":"€21,038,118.49","context":"total consideration for shares purchased May 4-8, 2026"},{"amount":"Euro 61,289,221.91","context":"total invested on EXM since announcement of Second Tranche"},{"amount":"Euro 324,595,751.34","context":"total consideration for shares purchased since Jan 5, 2026"}]},"materialImpact":{"score":2,"reasoning":"Routine periodic report on the execution of a previously announced buyback tranche. This confirms capital deployment but represents an operational update rather than a new strategic authorization or a material shift in guidance."},"tickerRelevance":{"others":[],"primary":"RACE"},"globalImportance":15,"audienceRelevance":60,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap / household brand","eventGravity":"execution_update","sectorWeight":"consumer_discretionary"}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Ferrari N.V. reported the purchase of 73,191 common shares between May 4 and May 8, 2026, investing approximately €21.0 million under the second tranche of its multi-year buyback program.\n\nSince the program launched on January 5, 2026, the company has repurchased 1,100,455 shares for a total consideration of roughly €324.6 million.\n\nAs of May 8, 2026, the company held 17,634,681 treasury shares, equivalent to 9.09% of the total issued common shares.","key_figures":{"sharesOffered":73191,"customDimensions":{"ytd_consideration":"€324,595,751.34","treasury_shares_pct":"9.09%","ytd_shares_repurchased":1100455,"buyback_consideration_period":"€21,038,118.49","multi_year_program_total_eur":"3.5 billion"}},"named_entities":{"people":[],"products":[],"companies":[{"name":"Ferrari N.V.","ticker":"RACE"}],"dollarAmounts":[{"amount":"Euro 250 million","context":"size of the second tranche announced April 10, 2026"},{"amount":"Euro 3.5 billion","context":"total multi-year share buyback program expected by 2030"},{"amount":"€21,038,118.49","context":"total consideration for shares purchased May 4-8, 2026"},{"amount":"Euro 61,289,221.91","context":"total invested on EXM since announcement of Second Tranche"},{"amount":"Euro 324,595,751.34","context":"total consideration for shares purchased since Jan 5, 2026"}]},"model_name":"Qwen/Qwen2.5-72B-Instruct-AWQ","prompt_hash":"sha256:a76fb3b19e8e8b7b","schema_hash":"sha256:8658c370b800cf3d","created_at":"2026-05-11T15:45:35.886Z","global_importance":15,"audience_relevance":60,"importance_components":{"tickerTier":"large-cap / household brand","eventGravity":"execution_update","sectorWeight":"consumer_discretionary"}},"durationMs":205515,"modelName":"george-droid-qwen-72b"}}