Ferragamo buys back EUR 2.3 million and Ferragamo stock falls 3.01 percent

Published on 10/01/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target fell to EUR 6.50 from EUR 6.60 on September 18, 2026. Ferragamo stock costs EUR 7.10 on October 1, 2026 after EUR 7.32, minus 3.01 percent.

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Ferragamo (ISIN IT0004712375) bought back EUR 2.3 million of its own shares, while Ferragamo stock was trading at EUR 7.10 at Lang & Schwarz on October 1, 2026, down 3.01 percent versus the prior close of EUR 7.32. MarketScreener reported on September 23, 2026 that the company purchased 291,500 treasury shares at an average EUR 7.81, bringing its treasury stock to 4.0 million shares, or 2.4 percent of share capital.

Buyback meets a weaker chart

The buyback adds a measurable capital-allocation signal, but the market price is still 36.66 percent below the 52-week high of EUR 11.21 and 31.72 percent above the 52-week low of EUR 5.39. Market capitalization was EUR 1.2 billion as of October 1, 2026.

The scale of the repurchase is also visible in the ownership data: 291,500 shares represent 2.4 percent of share capital according to the September 23 announcement. That makes the program material enough to track, even though the current trading session shows a sharper negative move than the latest buyback disclosure.

Barclays cuts its estimates

Borsa Italiana reported on September 18, 2026 that Barclays cut its third-quarter 2026 revenue estimate to EUR 205.0 million from EUR 223.0 million, a 8.07 percent reduction, at constant exchange rates. The bank also lowered its fiscal-year 2026 EBIT estimate to EUR 42.0 million from EUR 47.0 million and cut its price target to EUR 6.50 from EUR 6.60 while retaining an Underweight rating.

The forecast change gives the stock a clear counterweight to the buyback. At EUR 7.10, the Lang & Schwarz price stood 9.23 percent above Barclays' EUR 6.50 target, using the target as the comparison base. The difference reflects a more cautious view of China, wholesale demand and the third-quarter sales trajectory.

October sales date sets the next test

Borsa Italiana said Ferragamo plans to publish its third-quarter 2026 sales update on October 20, 2026, after the market close. That date gives investors a defined checkpoint for comparing the EUR 205.0 million Barclays estimate with the company's reported sales.

Ferragamo is listed on Borsa Italiana under ticker SFER and operates in the luxury goods industry. Its products include footwear, leather goods, apparel, accessories, fragrances and eyewear, with distribution across Europe, North America and Asia.

Stock trades near its yearly midpoint

Ferragamo stock was trading at EUR 7.10 at Lang & Schwarz on October 1, 2026 at 1:01 p.m. CEST, minus 3.01 percent versus the Lang & Schwarz prior close of EUR 7.32 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Ferragamo stock.