Ferrari N.v.: Periodic Report on the Buyback Program
November 21 2022 - 1:49PM
Maranello (Italy), November 21,
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) |
(€) |
(€) |
($) |
($) |
(€)* |
(€)* |
(€)* |
|
|
|
|
|
|
|
|
14/11/2022 |
2,330 |
209.3235 |
487,723.76 |
- |
- |
- |
- |
2,330 |
209.3235 |
487,723.76 |
15/11/2022 |
2,350 |
207.5212 |
487,674.82 |
6,719 |
215.3931 |
1,447,226.24 |
1,391,028.68 |
9,069 |
207.1566 |
1,878,703.50 |
16/11/2022 |
2,365 |
206.0567 |
487,324.10 |
3,964 |
214.5003 |
850,279.19 |
816,633.87 |
6,329 |
206.0291 |
1,303,957.97 |
17/11/2022 |
2,370 |
205.7594 |
487,649.78 |
6,779 |
212.7355 |
1,442,133.95 |
1,397,552.04 |
9,149 |
206.0555 |
1,885,201.82 |
18/11/2022 |
2,370 |
206.2727 |
488,866.30 |
3,286 |
215.3531 |
707,650.29 |
682,664.76 |
5,656 |
207.1307 |
1,171,531.06 |
|
11,785 |
206.9783 |
2,439,238.75 |
20,748 |
214.3479 |
4,447,289.67 |
4,287,879.35 |
32,533 |
206.7783 |
6,727,118.10 |
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 November 18, 2022, the total invested consideration has
been:
- Euro 116,100,078.65 for No. 600,267 common shares purchased on
the EXM
- USD 23,815,504.00 (Euro 23,974,440.67*) for No. 122,716 common
shares purchased on the NYSE.
As of November 18, 2022, the Company held in
treasury No. 11,788,093 common shares equal to 4.58% 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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