Ferrari N.V.: periodic report on the buyback program

Publication date: 
10 Apr 2018

Maranello (Italy), 10 April 2018 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the common share buyback program announced on 9 February 2018, the Company has purchased the common shares - reported in aggregate form, on daily basis - on the Italian Stock Exchange (MTA) as follows:

Trading Date (dd/mm/yyyy)Stock Exchange (NYSE/MTA)Number of common shares purchasedAverage price per share excluding feesConsideration excluding fees (€)Consideration(*) excluding fees ($)
28/03/2018 MTA 117,256 97.5982 11,443,974.54 14,188,239.63
Total - 117,256 - 11,443,974.54 14,188,239.63

Details of such transactions are provided in attachment.

After the purchases announced today and considering those previously executed under the program, the total invested amount is Euro 30,056,649.00 ($ 37,026,541.03 (*)) for a total amount of 307,856 common shares purchased.

As of 9 April 2018 the Company holds No. 5,277,481 common shares in treasury. In total, the Company holds 2.11% of total issued share capital including the common shares and the special voting shares.

A comprehensive overview of the transactions carried out under the share buyback program is available on the corporate website (http://corporate.ferrari.com).

(*) translated at the official European Central Bank EUR/USD exchange rate as of the date of each purchase

Attachments