Ferrari N.V.: periodic report on the buyback program
July 08 2019 - 9:23AM
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
common shares - reported in aggregate form, on daily basis - on the
Italian Stock Exchange (MTA) as follows:
|
MTA |
TradingDate(d/m/y) |
Number of common shares purchased |
Average price per shareexcluding
fees(€) |
Consideration excluding
fees (€) |
02/07/2019 |
14,000 |
145.5455 |
2,037,637.00 |
03/07/2019 |
14,000 |
148.3971 |
2,077,559.40 |
04/07/2019 |
13,000 |
147.9994 |
1,923,992.20 |
05/07/2019 |
14,000 |
147.4722 |
2,064,610.80 |
Total |
55,000 |
147.3418 |
8,103,799.40 |
Since the announcement of the Second Tranche of
the buyback program dated 1 July 2019 till 5 July 2019, the total
invested consideration has been Euro 8,103,799.40 for No. 55,000
common shares purchased on the MTA resulting in total No. 7,049,142
common shares held in treasury as of 5 July 2019. As of the same
date, the Company held 2.74% 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).
- FNV Buyback Purchases PR 08.07.2019 (ENG)
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