FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
May 16 2022 - 1:19PM
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), May 16, 2022 – Ferrari N.V. (NYSE/EXM: RACE)
(“Ferrari” or the “Company”) informs that the Company has
purchased, under the sixth tranche of the common share buyback
program announced on March 3, 2022 (“Sixth Tranche”), additional
common shares - reported in aggregate form, on a daily basis - on
Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as
follows:
|
EXM |
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) |
(€) |
(€) |
($) |
($) |
(€)* |
(€)* |
(€)* |
|
|
|
|
|
|
|
|
09/05/2022 |
43,046 |
182.5652 |
7,858,701.55 |
19,438 |
191.8664 |
3,729,499.08 |
3,532,057.09 |
62,484 |
182.2988 |
11,390,758.64 |
10/05/2022 |
5,149 |
182.0510 |
937,380.75 |
21,252 |
189.5613 |
4,028,556.75 |
3,817,089.96 |
26,401 |
180.0868 |
4,754,470.71 |
11/05/2022 |
23,955 |
180.3957 |
4,321,380.00 |
7,043 |
190.6717 |
1,342,900.78 |
1,272,529.88 |
30,998 |
180.4603 |
5,593,909.88 |
12/05/2022 |
1,463 |
179.3079 |
262,327.45 |
9,050 |
187.7573 |
1,699,203.57 |
1,632,593.74 |
10,513 |
180.2455 |
1,894,921.19 |
13/05/2022 |
33,340 |
183.1045 |
6,104,705.00 |
- |
- |
- |
- |
33,340 |
183.1045 |
6,104,705.00 |
|
106,953 |
182.1781 |
19,484,494.75 |
56,783 |
190.2006 |
10,800,160.18 |
10,254,270.68 |
163,736 |
181.6263 |
29,738,765.43 |
Total |
|
(*) translated at the European Central Bank
EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of the Sixth Tranche of
the buyback program dated March 3, 2022 till May 13, 2022, the
total invested consideration has been:
- Euro 99,999,990.00 for No. 527,592 common shares purchased on
the EXM (equal to the full amount of the Sixth Tranche to be
executed on EXM as announced on March 3, 2022)
- USD 20,790,699.01 (Euro 19,387,633.57*) for No. 109,354 common
shares purchased on the NYSE.
As of May 13, 2022, the Company held in treasury
No. 11,065,151 common shares equal to 4.30% 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 13, 2022, the
Company has purchased a total of 5,945,433 own common shares on EXM
and NYSE, excluding transactions for Sell to Cover, for a total
consideration of Euro 922,808,190.11.
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
(https://www.ferrari.com/en-EN/corporate/buyback-programs).
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