FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/6/2026
- S&P 500, Nasdaq reach record closing highs as focus pivots to earnings
- Oil prices fall nearly 2% as Middle East supply concerns ease
- U.S. 10-year yield climb revives dotcom-era parallels: UBS weighs in
- Goldman flags 2 key market risks if a climb in yields persists
- Shell CEO says Middle East oil flows reach 80% of prewar levels
Tweet
Share
E-mailFERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), May 10, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
| Trading Date (dd/mm/yyyy) | Stock Exchange | Number of common shares purchased | Average price per share excluding fees (€) | Consideration excluding fees (€) |
| 03/05/2021 | MTA | 766 | 178.7328 | 136,909.32 |
| 04/05/2021 | MTA | 27,000 | 171.3605 | 4,626,733.50 |
| 05/05/2021 | MTA | 8,652 | 168.9150 | 1,461,452.58 |
| 06/05/2021 | MTA | 13,000 | 166.0786 | 2,159,021.80 |
| 07/05/2021 | MTA | 14,422 | 164.8455 | 2,377,401.80 |
| Total | - | 63,840 | 168.5702 | 10,761,519.01 |
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till May 7, 2021, the total invested consideration has been:
• Euro 45,355,128.70 for No. 262,877 common shares purchased on the MTA.
• USD 2,829,445.63 (Euro 2,375,650.39*) for No. 13,558 common shares purchased on the NYSE
As of May 7, 2021, the Company held in treasury No. 9,188,946 common shares equal to 3.57% 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 May 7, 2021, the Company has purchased a total of 4,003,620 own common shares on MTA and NYSE for a total consideration of Euro 551,153,012.25.
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
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
- HDFC Bank Limited Securities Fraud Class Action Result of Deceptive Interest Payments and Approximately 4% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
- BTCC Exchange Launches Refreshed Trust Center: Alex Hung on 15 Years of Earning Traders’ Trust
- Figure Technology Solutions Reports Preliminary September & Q3 2026 Operating Data
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!
