Ferrari N.v.: Periodic Report on the Buyback Program
September 19 2022 - 12:46PM
Maranello (Italy), September 19,
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 additional common shares -
reported in aggregate form, on a daily basis - on the 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) |
(€) |
(€) |
($) |
($) |
(€)* |
(€)* |
(€)* |
|
|
|
|
|
|
|
|
12/09/2022 |
6,180 |
198.2239 |
1,225,023.70 |
- |
- |
- |
- |
6,180 |
198.2239 |
1,225,023.70 |
13/09/2022 |
6,145 |
199.4002 |
1,225,314.23 |
- |
- |
- |
- |
6,145 |
199.4002 |
1,225,314.23 |
14/09/2022 |
6,125 |
199.9835 |
1,224,898.94 |
10,498 |
199.5503 |
2,094,879.05 |
2,096,976.03 |
16,623 |
199.8361 |
3,321,874.96 |
15/09/2022 |
6,135 |
199.7729 |
1,225,606.74 |
6,600 |
197.7296 |
1,305,015.36 |
1,306,060.21 |
12,735 |
198.7960 |
2,531,666.95 |
16/09/2022 |
6,235 |
196.5125 |
1,225,255.44 |
3,713 |
196.7145 |
730,400.94 |
733,776.31 |
9,948 |
196.9272 |
1,959,031.75 |
|
30,820 |
198.7702 |
6,126,099.05 |
20,811 |
198.4669 |
4,130,295.35 |
4,136,812.54 |
51,631 |
198.7742 |
10,262,911.59 |
Total |
|
(*) translated at the European Central Bank
EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such First Tranche
till September 16, 2022, the total invested consideration has
been:
- Euro 55,069,419.79 for No. 283,682 common shares purchased on
the EXM
- USD 4,130,295.35 (Euro 4,136,812.54*) for No. 20,811 common
shares purchased on the NYSE.
As of September 16, 2022, the Company held in
treasury No. 11,369,603 common shares equal to 4.42% 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).
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