Ferrari N.V.: periodic report on the buyback program
August 26 2019 - 12:48PM
Maranello (Italy), 26 August 2019
– 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
additional common shares - reported in aggregate form, on a 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 (€) |
19/08/2019 |
8,980 |
141.1088 |
1,267,157.02 |
20/08/2019 |
25,086 |
140.3034 |
3,519,651.09 |
21/08/2019 |
1,884 |
141.1930 |
266,007.61 |
22/08/2019 |
32,000 |
140.1469 |
4,484,700.80 |
23/08/2019 |
20,000 |
139.0955 |
2,781,910.00 |
Total |
87,950 |
140.0731 |
12,319,426.52 |
Since the announcement of the Second Tranche of
the buyback program dated 1 July 2019 till 23 August 2019, the
total invested consideration has been Euro 69,321,847.76 for No.
476,763 common shares purchased on the MTA resulting in total No.
7,453,797 common shares held in treasury as of 23 August 2019. As
of the same date, the Company held 2.90% 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 26.08.2019 (ENG)
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