Ferrari N.v.: Periodic Report on the Buyback Program

Ferrari N.V.
2 min read
0
In this article:

MARANELLO (ITALY), FEBRUARY 7, 2022 – FERRARI N.V. (NYSE/EXM: RACE) (“FERRARI” OR THE “COMPANY”) INFORMS THAT THE COMPANY HAS PURCHASED, UNDER THE FIFTH TRANCHE OF THE COMMON SHARE BUYBACK PROGRAM ANNOUNCED ON OCTOBER 4, 2021 (“FIFTH TRANCHE”), ADDITIONAL COMMON SHARES - REPORTED IN AGGREGATE FORM, ON A DAILY BASIS - ON EURONEXT MILAN (EXM) AS FOLLOWS:



Trading
Date
(dd/mm/yyyy)



Stock Exchange



Number of common shares purchased



Average price per share
excluding fees
(€)



Consideration excluding fees



(€)

02/02/2022

EXM

169

203.7698

34,437.10

03/02/2022

EXM

19,683

204.1195

4,017,683.30

04/02/2022

EXM

22,434

199.7002

4,480,073.85



Total



-

42,286

201.7735

8,532,194.25

Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till February 4, 2022, the total invested consideration has been:

  • Euro 111,056,388.80 for No. 525,783 common shares purchased on the EXM

  • USD 5,457,277.38 (Euro 4,827,879.29*) for No. 21,214 common shares purchased on the NYSE.

As of February 4, 2022, the Company held in treasury No. 10,319,900 common shares equal to 4.01% 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 February 4, 2022, the Company has purchased a total of 5,134,574 own common shares on EXM and NYSE for a total consideration of Euro 769,305,970.33.

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).

Attachment


Advertisement

Recommended Stories