Ferrari N.v.: Periodic Report on the Buyback Program
February 21 2022 - 1:00PM
Maranello (Italy), February 21, 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 the New York Stock Exchange (NYSE) as follows:
|
TradingDate(dd/mm/yyyy) |
Stock
Exchange |
Number of common shares
purchased |
Average price per
shareexcluding
fees($) |
Consideration excluding
fees($) |
Consideration excluding
fees(€)* |
|
14/02/2022 |
NYSE |
10,386 |
218.6146 |
2,270,531.24 |
2,006,478.65 |
|
15/02/2022 |
NYSE |
12,351 |
224.7887 |
2,776,365.23 |
2,447,214.84 |
|
16/02/2022 |
NYSE |
5,535 |
222.9502 |
1,234,029.36 |
1,085,147.17 |
|
17/02/2022 |
NYSE |
6,865 |
223.6287 |
1,535,211.03 |
1,350,229.57 |
|
18/02/2022 |
NYSE |
10,580 |
220.3883 |
2,331,708.21 |
2,053,644.72 |
|
Total |
- |
45,717 |
221.9709 |
10,147,845.07 |
8,942,714.94 |
(*) translated at the European Central Bank
EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of the Fifth Tranche of
the buyback program dated October 4, 2021 till February 18, 2022,
the total invested consideration has been:
- Euro 119,999,914.85 for No. 570,960 common shares purchased on
the EXM (equal to the full amount of the Fifth Tranche to be
executed on EXM as announced on October 4, 2021)
- USD 29,139,453.78 (Euro 25,615,918.08*) for No. 127,059 common
shares purchased on the NYSE.
As of February 18, 2022, the Company held in
treasury No. 10,470,922 common shares equal to 4.07% 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 18, 2022,
the Company has purchased a total of 5,285,596 own common shares on
EXM and NYSE for a total consideration of Euro 799,037,535.17.
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).
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