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Ferrari N.V.: periodic report on the buyback program

Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares - reported in aggregate form, on daily basis - on the Italian Stock Exchange (MTA) as follows:




Stock Exchange


Number of common shares purchased


Average price per share
excluding fees




Consideration excluding fees





08/04/2019 MTA 15,000  121.6912  1,825,368.00
09/04/2019 MTA 10,345  121.1467  1,253,262.61
10/04/2019 MTA 6,495  121.0391  786,148.95
11/04/2019 MTA 4,000  121.4825  485,930.00
12/04/2019 MTA 2,011  122.2242  245,792.87







Since the announcement of the buyback program dated 28 December 2018 till 12 April 2019, the total invested consideration has been Euro 56,038,718.96 for No. 529,837 common shares purchased resulting in No. 6,279,419 common shares held in treasury as of  12 April 2019. As of the same date, the Company held 2.44% 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).