FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
April 11 2022 - 11:45AM
Maranello (Italy), April 11,
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) as follows:
|
TradingDate(dd/mm/yyyy) |
Stock
Exchange |
Number of common shares
purchased |
Average price per
shareexcluding
fees(€) |
Consideration excluding
fees (€) |
|
05/04/2022 |
EXM |
10,770 |
208.3179 |
2,243,583.50 |
|
06/04/2022 |
EXM |
14,407 |
202.4619 |
2,916,868.50 |
|
07/04/2022 |
EXM |
10,442 |
201.5519 |
2,104,605.40 |
|
08/04/2022 |
EXM |
5,122 |
201.8376 |
1,033,812.40 |
|
Total |
- |
40,741 |
203.6982 |
8,298,869.80 |
(*) 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 April 8, 2022, the
total invested consideration has been:
- Euro 40,613,712.35 for No. 215,916 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 April 8, 2022, the Company held in
treasury No. 10,696,692 common shares equal to 4.16% 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 April 8, 2022, the
Company has purchased a total of 5,576,974 own common shares on EXM
and NYSE, excluding transactions for Sell to Cover, for a total
consideration of Euro 853,167,641.79.
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
(https://www.ferrari.com/en-EN/corporate/buyback-programs).
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