Ferrari N.V.: periodic report on the buyback program
November 25 2019 - 9:39AM
Maranello (Italy), 25 November 2019 –
Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the
“Company”) announces that under the third tranche of the
common share buyback program announced on 14 November 2019
(“Third Tranche”), the Company has purchased additional
common shares - reported in aggregate form, on a daily basis - on
the Italian Stock Exchange (MTA) as follows:
TradingDate(dd/mm/yyyy)
|
Stock Exchange |
Number of common shares purchased |
Average price per shareexcluding
fees |
Consideration excluding fees (€)
|
15/11/2019 |
MTA |
8,238 |
150.9713 |
1,243,701.57 |
18/11/2019 |
MTA |
7,788 |
150.4368 |
1,171,602.00 |
19/11/2019 |
MTA |
14,954 |
149.7741 |
2,239,721.89 |
20/11/2019 |
MTA |
18,078 |
149.3465 |
2,699,886.03 |
21/11/2019 |
MTA |
7,261 |
149.2048 |
1,083,375.95 |
22/11/2019 |
MTA |
8,904 |
150.1853 |
1,337,249.80 |
Total |
- |
65,223 |
149.8787 |
9,775,537.24 |
Since the announcement of the Third Tranche of
the buyback program dated 14 November 2019 till 22 November 2019,
the total invested consideration has been Euro 9,775,537.24 for No.
65,223 common shares purchased on the MTA resulting in total No.
8,462,830 common shares held in treasury as of 22 November 2019. As
of the same date, the Company held 3.29% 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
(http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).
- FNV Buyback Purchases PR 25.11.2019 (ENG)
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