FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
March 28 2022 - 9:45AM
Maranello (Italy), March 28, 2022 – Ferrari N.V.
(NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs
that the Company has purchased, under the sixth tranche of the
common share buyback program announced on March 3, 2022 (“Sixth
Tranche”), additional common shares - reported in aggregate
form, on a daily basis - on Euronext Milan (EXM) and on the New
York Stock Exchange (NYSE) as follows:
|
EXM |
NYSE |
Total |
Trading |
Number of common shares purchased |
Average price per share |
Consideration excluding fees |
Number of common shares purchased |
Average price per share |
Consideration excluding fees |
Consideration excluding fees |
Number of common shares purchased |
Average price per share |
Consideration excluding fees |
Date |
excluding fees |
|
excluding fees |
|
|
excluding fees |
|
(d/m/y) |
(€) |
(€) |
($) |
($) |
(€)* |
(€)* |
(€)* |
|
|
|
|
|
|
|
|
21/03/2022 |
8,768 |
189.2007 |
1,658,911.80 |
- |
- |
- |
- |
8,768 |
189.2007 |
1,658,911.80 |
22/03/2022 |
3,364 |
190.9389 |
642,318.50 |
- |
- |
- |
- |
3,364 |
190.9389 |
642,318.50 |
23/03/2022 |
11,806 |
191.0367 |
2,255,379.35 |
2,771 |
208.2918 |
577,176.58 |
525,422.46 |
14,577 |
190.7664 |
2,780,801.81 |
24/03/2022 |
6,491 |
191.2952 |
1,241,697.25 |
- |
- |
- |
- |
6,491 |
191.2952 |
1,241,697.25 |
25/03/2022 |
7,594 |
193.1730 |
1,466,955.60 |
- |
- |
- |
- |
7,594 |
193.1730 |
1,466,955.60 |
|
38,023 |
191.0755 |
7,265,262.50 |
2,771 |
208.2918 |
577,176.58 |
525,422.46 |
40,794 |
190.9762 |
7,790,684.96 |
Total |
|
(*) translated at the European Central Bank
EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of the Sixth Tranche of
the buyback program dated March 3, 2022 till March 25, 2022, the
total invested consideration has been:
- Euro 25,819,518.30 for No. 142,472 common shares purchased on
the EXM
- USD 9,990,538.84 (Euro 9,133,362.89*) for No. 52,571 common
shares purchased on the NYSE.
As of March 25, 2022, the Company held in
treasury No. 10,623,248 common shares equal to 4.13% 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 March 25, 2022, the
Company has purchased a total of 5,503,530 own common shares on EXM
and NYSE, excluding transactions for Sell to Cover, for a total
consideration of Euro 838,373,447.74.
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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