FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), December 13, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
| MTA | 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) | (€) | (€) | ($) | ($) | (€)* | (€)* | (€)* | |||
| 06/12/2021 | 4,090 | 228.0962 | 932,913.30 | - | - | - | - | 4,090 | 228.0962 | 932,913.30 |
| 08/12/2021 | 1,433 | 233.6890 | 334,876.30 | - | - | - | - | 1,433 | 233.6890 | 334,876.30 |
| 09/12/2021 | 6,144 | 232.8612 | 1,430,699.20 | 3,900 | 261.2630 | 1,018,925.70 | 900,827.25 | 10,044 | 232.1313 | 2,331,526.45 |
| 10/12/2021 | 11,900 | 229.6803 | 2,733,195.20 | 4,232 | 260.2864 | 1,101,532.04 | 977,141.88 | 16,132 | 229.9986 | 3,710,337.08 |
| 23,567 | 230.4784 | 5,431,684.00 | 8,132 | 260.7548 | 2,120,457.74 | 1,877,969.13 | 31,699 | 230.5957 | 7,309,653.13 | |
| Total | ||||||||||
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till December 10, 2021, the total invested consideration has been:
- Euro 53,118,550.60 for No. 252,357 common shares purchased on the MTA
- USD 2,120,457.74 (Euro 1,877,969.13*) for No. 8,132 common shares purchased on the NYSE.
As of December 10, 2021, the Company held in treasury No. 10,033,392 common shares equal to 3.90% 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 December 10, 2021, the Company has purchased a total of 4,848,066 own common shares on MTA and NYSE for a total consideration of Euro 708,418,221.97.
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).
Attachment
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BNP PARIBAS GROUP: SUDAN LITIGATION STATEMENT FROM BNP PARIBAS
- Dogecoin and Floki Got Away While You Waited: APEING Could Be the Next 100x Meme Coin With Over 12,000+ Whitelist Members
- 5 Top Meme Coins Before September: Could Apeing’s Upcoming Crypto Presale Make the Biggest Splash in the Meme Coin Market?
Create E-mail Alert Related Categories
Globe Newswire, Press ReleasesRelated Entities
European Central Bank, Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share