Ferrari's AGM Approves Cash Dividend and Share Buyback Plans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2026
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Should l Buy RACE?
Source: Newsfilter
Ferrari's stock rose 5.28% as it reached a 20-day high, reflecting strong investor sentiment following the company's Annual General Meeting.
At the AGM held in Amsterdam, all proposed resolutions were approved, including a cash dividend of €3.615 per share totaling approximately €640 million, set to be paid on May 5, 2026. This move enhances shareholder returns and boosts market confidence. Additionally, the board was authorized to repurchase up to 10% of shares over the next 18 months, further supporting shareholder value and capital flexibility.
The approval of the cash dividend and share buyback program indicates robust governance and a commitment to returning value to shareholders, positioning Ferrari favorably in the luxury automotive market.
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Analyst Views on RACE
Wall Street analysts forecast RACE stock price to rise
15 Analyst Rating
11 Buy
3 Hold
1 Sell
Moderate Buy
Current: 337.460
Low
349.74
Averages
448.83
High
555.00
Current: 337.460
Low
349.74
Averages
448.83
High
555.00
About RACE
Ferrari NV, known as Ferrari, is an Italy-based designer, manufacturer and retailer of sports cars that is incorporated in the Netherlands. It operates under the Ferrari brand. Its sports cars portfolio includes, among others, F12berlinetta, FF, Ferrari 488 GTB, 488 Spider, 458 Speciale, Ferrari California T, F12tdf and LaFerrari. The Company also offers financing services through Ferrari Financial Services. It also produces limited series and one-off cars. The Company divides its regional markets in EMEA (Europe, the Middle East, India and Africa), Americas, Greater China and Rest of APAC (Asia-Pacific region, excluding Greater China) and is active in over 60 markets worldwide through a network of authorized dealers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Upcoming Product Launch: The world premiere of the electric Ferrari Luce is set for May 25 in Rome, with over 60 patents registered, expected to serve as a significant sales catalyst and further solidify the brand's position in the luxury market.
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- Guidance Reaffirmed: The company reaffirmed its 2026 targets of €7.5 billion in net revenues and at least €2.22 billion in adjusted operating profit, reflecting confidence in future growth, particularly in the electric vehicle sector.
- Delivery Decline: Despite a 4.4% year-over-year drop in deliveries to 3,436 units, Ferrari stated this was a strategic decision to ease the execution of planned model changes, showcasing flexibility in production management.
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