Ferrari N.V.: periodic report on the buyback program
08 October 2019 - 2:45AM
Maranello (Italy), 7 October 2019 – Ferrari
N.V. (NYSE/MTA: RACE) (“Ferrari” or the
“Company”) announces that under the second tranche
of the common share buyback program announced on 1 July 2019
(“Second Tranche”), the Company has purchased
additional common shares - reported in aggregate form, on a daily
basis - on the Italian Stock Exchange (MTA) and on the New York
Stock Exchange (NYSE) as follows:
|
MTA |
NYSE |
Total |
TradingDate(d/m/y) |
Number of common shares purchased |
Average price per shareexcluding
fees(€) |
Consideration excluding
fees (€) |
Number of common shares purchased |
Average price per shareexcluding
fees($) |
Consideration excluding
fees ($) |
Consideration excluding
fees (€)* |
Number of common shares purchased |
Average price per shareexcluding
fees(€)* |
Consideration excluding
fees (€)* |
01/10/2019 |
- |
- |
- |
10,300 |
151.9994 |
1,565,593.82 |
1,436,588.20 |
10,300 |
139.4746 |
1,436,588.20 |
02/10/2019 |
94,720 |
135.0075 |
12,787,910.40 |
22,000 |
147.0551 |
3,235,212.20 |
2,961,292.63 |
116,720 |
134.9315 |
15,749,203.03 |
03/10/2019 |
54,434 |
134.2856 |
7,309,702.35 |
3,200 |
148.6396 |
475,646.72 |
434,340.90 |
57,634 |
134.3659 |
7,744,043.25 |
Total |
149,154 |
134.7440 |
20,097,612.75 |
35,500 |
148.6325 |
5,276,452.74 |
4,832,221.73 |
184,654 |
135.0084 |
24,929,834.48 |
Since the announcement of the Second Tranche of
the buyback program dated 1 July 2019 till 27 September 2019, the
total invested consideration has been:
- Euro 149,999,949.15 for No. 1,063,109 common shares purchased
on the MTA (equal to the full amount of the Second Tranche to be
executed on MTA as announced on 1 July 2019)
- USD 30,903,765.66 (Euro 28,081,054.07 *) for No. 202,085 common
shares purchased on the NYSE
resulting in total No. 8,242,228 common shares
held in treasury as of 4 October 2019. As of the same date, the
Company held 3.20% of the total issued share capital including the
common shares and the special voting shares, net of shares assigned
under the Company’s equity incentive plan.
A comprehensive overview of the
transactions carried out under the buyback program, as well as the
details of the above transactions, are available on Ferrari’s
corporate website under the Buyback Programs section
(http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).
(*) translated at the European Central Bank EUR/USD exchange
reference rate as of the date of each purchase
- FNV Buyback Purchases PR 07.10.2019 (ENG)
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