FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
July 11 2022 - 1:55PM
Maranello (Italy), July 11, 2022 –
Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the
“Company”) informs that the Company has purchased,
under the Euro 150 million share buyback program announced on June
30, 2022, as the initial tranche of the multi-year share buyback
program of approximately Euro 2 billion expected to be executed by
2026 in line with the disclosure made during the 2022 Capital
Markets Day (the “First Tranche”), the common
shares - reported in aggregate form, on a daily basis - on the
Euronext Milan (EXM) as follows:
TradingDate(dd/mm/yyyy) |
Stock
Exchange |
Number of common shares
purchased |
Average price per
shareexcluding
fees(€) |
Consideration excluding
fees(€) |
01/07/2022 |
EXM |
8,200 |
175.8760 |
1,442,183.20 |
04/07/2022 |
EXM |
7,000 |
181.1714 |
1,268,199.80 |
05/07/2022 |
EXM |
7,000 |
181.8583 |
1,273,008.10 |
06/07/2022 |
EXM |
6,900 |
184.2874 |
1,271,583.06 |
07/07/2022 |
EXM |
6,750 |
188.0661 |
1,269,446.18 |
08/07/2022 |
EXM |
6,700 |
189.3737 |
1,268,803.79 |
Total |
- |
42,550 |
183.1545 |
7,793,224.13 |
Since the announcement of such First Tranche
till July 8, 2022, the total invested consideration has been:
- Euro 7,793,224.13 for No. 42,550 common shares purchased on the
EXM
As of July 8, 2022, the Company held in treasury
No. 11,107,660 common shares equal to 4.32% 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
(https://www.ferrari.com/en-EN/corporate/buyback-programs).
- FNV BB PR 11.07.2022 ENG_
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