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

Publication date: 
18 Mar 2019

Maranello (Italy), 18 March 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares - reported in aggregate form, on daily basis - on the Italian Stock Exchange (MTA) as follows:

Trading Date (dd/mm/yyyy)Stock ExchangeNumber of common shares purchasedAverage price per share excluding feesConsideration excluding fees (€)
11/03/2019 MTA 2,273 114.3964 260,023.02
12/03/2019 MTA 2,000 115.4977 230,995.40
13/03/2019 MTA 12,389 115.1988 1,427,197.93
14/03/2019 MTA 3,219 115.3479 371,304.89
15/03/2019 MTA 796 116.1415 92,448.63
Total - 20,677 - 2,381,969.87

Since the announcement of the buyback program dated 28 December 2018 till 15 March 2019, the total invested consideration has been Euro 43,509,029.33 for No. 423,969 common shares purchased resulting in No. 6,426,812 common shares held in treasury as of  15 March 2019. As of the same date, the Company held 2.57% of the total issued share capital including the common shares and the special voting shares.

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)

Attachments