UK Markets open in 5 hrs 22 mins

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.


Maranello (Italy), December 20, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), 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

Trading

Number of common shares purchased

Average price per share

Consideration excluding fees

Number of common shares purchased

Average price per share

Consideration excluding fees

Consideration excluding fees

Number of common shares purchased

Average price per share

Consideration excluding fees

Date

excluding fees

excluding fees

excluding fees

(d/m/y)

(€)

(€)

($)

($)

(€)*

(€)*

(€)*

13/12/2021

5,090

229.4652

1,167,977.80

1,900

259.4353

492,927.07

437,069.58

6,990

229.6205

1,605,047.38

14/12/2021

13,352

226.2715

3,021,177.70

7,722

252.9552

1,953,320.05

1,727,226.15

21,074

225.3205

4,748,403.85

15/12/2021

25

226.2000

5,655.00

-

-

-

-

25

226.2000

5,655.00

16/12/2021

3,306

227.6188

752,507.90

3,460

257.3909

890,572.51

785,614.43

6,766

227.3311

1,538,122.33

17/12/2021

11,856

225.3112

2,671,289.70

-

-

-

-

11,856

225.3112

2,671,289.70

33,629

226.5488

7,618,608.10

13,082

255.0695

3,336,819.64

2,949,910.16

46,711

226.2533

10,568,518.26

Total

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase

Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till December 17, 2021, the total invested consideration has been:

  • Euro 60,737,158.70 for No. 285,986 common shares purchased on the MTA

  • USD 5,457,277.38 (Euro 4,827,879.29*) for No. 21,214 common shares purchased on the NYSE.

As of December 17, 2021, the Company held in treasury No. 10,080,103 common shares equal to 3.92% 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 December 17, 2021, the Company has purchased a total of 4,894,777 own common shares on MTA and NYSE for a total consideration of Euro 718,986,740.23.

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).

Attachment


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting