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

Publication date: 
17 May 2021

Maranello (Italy), May 17, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:

 

MTA

NYSE

Total

Trading
Date
(d/m/y)
Number of common shares purchasedAverage price per share
excluding fees
(€)
Consideration excluding fees
(€)
Number of common shares purchasedAverage price per share
excluding fees
($)
Consideration excluding fees
($)
Consideration excluding fees
(€)*
Number of common shares purchasedAverage price per share
excluding fees
(€)*
Consideration excluding fees
(€)*
10/05/2021 7,243 164.3794 1,190,599.99 3,718 200.4794 745,382.41 612,525.61 10,961 164.5037 1,803,125.60
11/05/2021 15,933 161.9323 2,580,067.34 3,400 198.2872 674,176.48 553,965.88 19,333 162.1080 3,134,033.22
12/05/2021 - - - 4,409 196.7937 867,663.42 716,012.07 4,409 162.3978 716,012.07
13/05/2021 7,079 161.6664 1,144,436.45 1,200 196.6628 235,995.36 195,344.23 8,279 161.8288 1,339,780.67
14/05/2021 8,000 163.4827 1,307,861.60 - - - - 8,000 163.4827 1,307,861.60
 Total 38,255 162.6706 6,222,965.38 12,727 198.2571 2,523,217.67 2,077,847.78 50,982 162.8185 8,300,813.16

 

Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till May 14, 2021, the total invested consideration has been:

  • Euro 51,578,094.08 for No. 301,132 common shares purchased on the MTA.
  • USD 5,352,663.30 (Euro 4,453,498.17*) for No. 26,285 common shares purchased on the NYSE

As of May 14, 2021, the Company held in treasury No. 9,239,928 common shares equal to 3.59% 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.

Since January 1, 2019 until May 14, 2021, the Company has purchased a total of 4,054,602 own common shares on MTA and NYSE for a total consideration of Euro 559,453,825.41.

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

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