Ferrari N.V.: periodic report on the buyback program
October 14 2019 - 10:36AM
Ferrari N.V.: periodic report on the buyback program
Maranello (Italy), 14 October 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 New York Stock Exchange (NYSE) as follows:
Trading Date (dd/mm/yyyy)
Stock Exchange
Number of common shares purchased
Average price per share excluding fees
Consideration excluding fees
($)
Consideration excluding fees
(€)*
07/10/2019 NYSE 6,300 150.0640 945,403.20 860,004.73 08/10/2019
NYSE 10,500 148.3821 1,558,012.05 1,418,179.55 09/10/2019 NYSE
5,200 149.3616 776,680.32 707,294.71 10/10/2019 NYSE 9,300 149.4543
1,389,924.99 1,260,131.45 Total
- 31,300 149.2019 4,670,020.56
4,245,610.44 Since the announcement of the Second Tranche of
the buyback program dated 1 July 2019 till 11 October 2019, the
total invested consideration has been:
- Euro 149,999,949.15 for No. 1,063,109 common shares purchased
on the MTA (equal to the full amount of the Second Tranche to be
executed on MTA as announced on 1 July 2019)USD 35,573,786.22 (Euro
32,326,664.50*) for No. 233,385 common shares purchased on the
NYSE
resulting in total No. 8,273,528 common shares held in treasury
as of 11 October 2019. As of the same date, the Company held 3.22%
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.
- FNV Buyback Purchases PR 14.10.2019 (ENG)
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