Ferrari N.v.: Periodic Report on the Buyback Program
June 07 2021 - 01:15PM
Maranello (Italy), June 7, 2021
– Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the
“Company”) informs that the Company has purchased,
under the fourth tranche of the common share buyback program
announced on March 11, 2021 (“Fourth Tranche”),
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(€) |
31/05/2021 |
MTA |
8,000 |
173.6553 |
1,389,242.40 |
01/06/2021 |
MTA |
1,739 |
172.9928 |
300,834.48 |
02/06/2021 |
MTA |
1,115 |
173.4698 |
193,418.83 |
03/06/2021 |
MTA |
1,032 |
174.8629 |
180,458.51 |
Total |
- |
11,886 |
173.6458 |
2,063,954.22 |
Since the announcement of the Fourth Tranche of
the buyback program dated March 11, 2021 till June 4, 2021, the
total invested consideration has
been:•
Euro 60,376,379.19 for No. 352,847 common shares purchased on the
MTA.•
USD 6,499,176.89 (Euro 5,397,752.49*) for No. 31,714 common shares
purchased on the NYSE
As of June 4, 2021, the Company held in treasury
No. 9,297,072 common shares equal to 3.61% 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 June 4, 2021, the
Company has purchased a total of 4,111,746 own common shares on MTA
and NYSE for a total consideration of Euro 569,196,364.84.
(*) translated at the European Central Bank
EUR/USD exchange reference rate as of the date of each purchaseA
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).
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