Ferrari N.V.: periodic report on the buyback program
18 February 2020 - 4:59AM
Maranello (Italy), 17 February 2020 –
Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the
“Company”) announces that under the third tranche of the
common share buyback program announced on 14 November 2019
(“Third Tranche”), the Company has purchased additional
common shares - reported in aggregate form, on a daily basis - on
the Italian Stock Exchange (MTA) 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 (€)*
|
10/02/2020 |
6,151 |
153.0435 |
941,370.60 |
4,927 |
167.0552 |
823,080.97 |
751,603.48 |
11,078 |
152.8231 |
1,692,974.08 |
13/02/2020 |
552 |
157.0635 |
86,699.05 |
- |
- |
- |
- |
552 |
157.0635 |
86,699.05 |
Total |
6,703 |
153.3746 |
1,028,069.65 |
4,927 |
167.0552 |
823,080.97 |
751,603.48 |
11,630 |
153.0243 |
1,779,673.13 |
Since the announcement of the Third Tranche of
the buyback program dated 14 November 2019 till 14 February 2020,
the total invested consideration has been:
- Euro 65,159,155.77 for No. 429,355 common shares purchased on
the MTA
- USD 3,768,310.71 (Euro 3,402,333.85*) for No. 22,540 common
shares purchased on the NYSE
resulting in total No. 8,849,502 common shares
held in treasury as of 14 February 2020. As of the same date, the
Company held 3.44% 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.To date, since 1 January
2019, the Company has purchased a total of 3,117,028 own common
shares on MTA and NYSE for a total consideration of Euro
418,161,979.51.
(*) translated at the European Central Bank EUR/USD exchange
reference rate as of the date of each purchase
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).
- FNV Buyback Purchases PR 17.02.2020 (ENG)
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