FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), July 20, 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 | Stock | Number of | Average price per | Consideration |
Date | Exchange | common shares | share | excluding fees |
(dd/mm/yyyy) | purchased | excluding fees | ||
(€) | (€) | |||
13/07/2021 | MTA | 1,020 | 176.2938 | 179,819.68 |
14/07/2021 | MTA | 7,000 | 176.9783 | 1,238,848.10 |
15/07/2021 | MTA | 14,000 | 174.9491 | 2,449,287.40 |
16/07/2021 | MTA | 6,928 | 175.1422 | 1,213,385.16 |
19/07/2021 | MTA | 14,163 | 172.7312 | 2,446,391.99 |
Total | - | 43,111 | 174.6128 | 7,527,732.32 |
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till July 19, 2021, the total invested consideration has been:
- Euro 96,823,593.99 for No. 564,547 common shares purchased on the MTA.
- USD 18,605,421.91 (Euro 15,510,209.15 *) for No. 91,026 common shares purchased on the NYSE
As of July 19, 2021, the Company held in treasury No. 9,568,084 common shares equal to 3.72% 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 July 19, 2021, the Company has purchased a total of 4,382,758 own common shares on MTA and NYSE for a total consideration of Euro 615,756,036.32.
(*) translated at theEuropean Central Bank EUR/USD exchangereference rate as of thedate of each purchase
Ferrari N.V. | Registered Office: | Dutch traderegistrationnumber: |
Amsterdam, TheNetherlands | Via Abetone Inferiore N. 4, | 64060977 |
I - 41053 Maranello (MO) Italy |
corporate. ferrari.com
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 Bu yback
Programs section(http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).
For further information: Media Relations
tel.: +39 0536 949337
Email:media@ferrari.com
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Ferrari NV published this content on 20 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2021 16:43:06 UTC.