Ferrari N.V. (RACE) is rising after fresh attention on its multi-year capital return plan, following the company’s announcement that it completed the first €250 million tranche of its share repurchase program and started a second tranche of up to €250 million beginning April 13, 2026. The buyback update adds a near-term, mechanical source of demand for shares and tends to support sentiment in high-quality large-cap names with strong cash generation. (rss.globenewswire.com)

The timing is notable because it lands immediately after Ferrari’s Annual General Meeting on April 15, 2026, where shareholders approved all proposed resolutions. With the AGM completed and the next buyback tranche underway, traders are leaning into a clearer near-term setup: ongoing repurchases alongside a premium-brand equity narrative that typically emphasizes pricing power and backlog visibility. (globenewswire.com)

As of April 9, 2026, Ferrari reported holding 17,494,660 common shares in treasury, representing 9.02% of total issued common shares. Investors often track this figure because it helps frame how much repurchasing has already been executed, how much capacity remains under authorizations, and the potential per-share lift over time if shares are retired. (rss.globenewswire.com)

The next major catalyst on the calendar is Ferrari’s Q1 2026 earnings report, scheduled for May 5, 2026. Between now and then, the market will watch for incremental buyback disclosures, any updates tied to capital allocation priorities, and whether the stock’s move holds as the market shifts focus from repurchase mechanics to operating performance and guidance. (benzinga.com)