FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
11 May 2021 - 3:01AM
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK
PROGRAM
Maranello (Italy), May 10, 2021
– Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the
“Company”) informs that the Company has purchased,
under the fourth tranche of the common share buyback program
announced on March 11, 2021 (“Fourth Tranche”),
additional common shares - reported in aggregate form, on a daily
basis - on the Italian Stock Exchange (MTA) as follows:
TradingDate(dd/mm/yyyy) |
Stock
Exchange |
Number of common shares
purchased |
Average price per
shareexcluding
fees(€) |
Consideration excluding
fees(€) |
03/05/2021 |
MTA |
766 |
178.7328 |
136,909.32 |
04/05/2021 |
MTA |
27,000 |
171.3605 |
4,626,733.50 |
05/05/2021 |
MTA |
8,652 |
168.9150 |
1,461,452.58 |
06/05/2021 |
MTA |
13,000 |
166.0786 |
2,159,021.80 |
07/05/2021 |
MTA |
14,422 |
164.8455 |
2,377,401.80 |
Total |
- |
63,840 |
168.5702 |
10,761,519.01 |
Since the announcement of the Fourth Tranche of
the buyback program dated March 11, 2021 till May 7, 2021, the
total invested consideration has been:• Euro 45,355,128.70 for No.
262,877 common shares purchased on the MTA.• USD 2,829,445.63 (Euro
2,375,650.39*) for No. 13,558 common shares purchased on the
NYSE
As of May 7, 2021, the Company held in treasury
No. 9,188,946 common shares equal to 3.57% 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.
Since January 1, 2019 until May 7, 2021, the
Company has purchased a total of 4,003,620 own common shares on MTA
and NYSE for a total consideration of Euro 551,153,012.25.(*)
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).
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