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

Publication date: 
20 Feb 2018

Maranello (Italy), 20 February 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 New York Stock Exchange (NYSE) as follows:

Trading Date
Stock Exchange
Number of common shares purchased Average price per share
excluding fees
Consideration excluding fees
Consideration(*) excluding fees
09/02/2018 NYSE 140,000 $ 119.0368 $16,665,152.00 € 13,578,710.99
12/02/2018 NYSE 50,600 $121.9990 $6,173,149.40 € 5,033,963.47
Total - 190,600 - $22,838,301.40 € 18,612,674.46

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

Details of such transactions are provided in attachment.

After the purchases announced today, the Company currently holds No. 5,160,225 common shares in treasury. In total, the Company holds 2.06% 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 (