Ferrari N.V.: periodic report on the buyback program
December 16 2019 - 4:46AM
Maranello (Italy), 16 December 2019 –
Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the
“Company”) announces that under the third tranche of the
common share buyback program announced on 14 November 2019
(“Third Tranche”), the Company has purchased additional
common shares - reported in aggregate form, on a daily basis - on
the Italian Stock Exchange (MTA) as follows:
TradingDate(dd/mm/yyyy) |
Stock Exchange |
Number of common shares purchased |
Average price per shareexcluding fees
|
Consideration excluding
fees (€) |
09/12/2019 |
MTA |
13,386 |
148.8002 |
1,991,839.74 |
10/12/2019 |
MTA |
7,084 |
148.2355 |
1,050,100.45 |
11/12/2019 |
MTA |
7,289 |
149.1079 |
1,086,847.80 |
12/12/2019 |
MTA |
5,525 |
149.6034 |
826,558.90 |
13/12/2019 |
MTA |
14,731 |
148.7607 |
2,191,394.15 |
Total |
- |
48,015 |
148.8439 |
7,146,741.04 |
Since the announcement of the Third Tranche of
the buyback program dated 14 November 2019 till 13 December 2019,
the total invested consideration has been Euro 29,782,190.39 for
No. 197,769 common shares purchased on the MTA resulting in total
No. 8,595,376 common shares held in treasury as of 13 December
2019. As of the same date, the Company held 3.34% 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 16.12.2019 (ENG)
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