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

Publication date: 
02 Dec 2019

Maranello (Italy), 2 December 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the third tranche of the common share buyback program announced on 14 November 2019 (“Third Tranche”), the Company has purchased additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:


Since the announcement of the Third Tranche of the buyback program dated 14 November 2019 till 29 November 2019, the total invested consideration has been Euro 15,727,347.99 for No. 104,022 common shares purchased on the MTA resulting in total No. 8,501,629 common shares held in treasury as of 29 November 2019. As of the same date, the Company held 3.30% 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.