Ferrari AGM Approves €3.615 Dividend and 10% Share Buyback Authorization
Ferrari’s shareholders approved a €3.615 per share cash dividend totalling €640 million, with ex-dividend dates set for April 20 on EXM and April 21 on NYSE and payment on May 5, 2026. They renewed the board’s 18-month authority to issue new shares and repurchase up to 10% of outstanding stock.
1. AGM Resolutions Passed
At the Annual General Meeting in Amsterdam, shareholders approved all resolutions, including the 2025 Annual Accounts and the Remuneration Report for 2025.
2. Dividend Details
The meeting green-lit a cash dividend of €3.615 per common share, totalling approximately €640 million, with ex-dividend dates on April 20 (EXM) and April 21 (NYSE) and payment scheduled for May 5, 2026.
3. Share Issuance and Buyback Authority
The AGM renewed an 18-month delegation allowing the board to issue new common shares, grant subscription rights, limit or exclude pre-emptive rights, and repurchase up to 10% of outstanding shares under specified price thresholds.
4. Board and Auditor Appointments
John Elkann and Benedetto Vigna were re-elected as executive directors alongside nine non-executives, and Deloitte Accountants B.V. was re-appointed as both independent auditor and sustainability assurance provider for 2026.