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 purchased||Average price per share excluding fees||Consideration excluding fees (€)||Consideration(*) excluding fees ($)|
Details of such transactions are provided in attachment.
After the purchases announced today and considering those previously executed under the program, the total invested amount is Euro 30,056,649.00 ($ 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