Ferrari N.V. Announces Eighth Tranche of Share Buyback Program

SEC Filing 6-K (0001648416-25-000068)

Ferrari N.V. has announced the eighth tranche of its multi-year share buyback program, amounting to up to Euro 360 million. This tranche will commence on August 22, 2025, and conclude by December 18, 2025. The program includes two components: a non-discretionary buyback agreement for up to Euro 280 million to be executed on the Euronext Milan market, and an additional mandate for up to Euro 80 million to be executed on the New York Stock Exchange. The buyback program is part of the company's broader strategy to repurchase up to 10% of its common shares, as authorized by the Shareholders' Meeting held on April 16, 2025. The repurchase authority will expire on October 15, 2026, unless extended or renewed. Details of the repurchase transactions will be disclosed in compliance with applicable regulations.