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

Publication date: 
12 Jul 2021

Maranello (Italy), July 12, 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:

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Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till July 9, 2021, the total invested consideration has been:

  • Euro 89,295,861.67 for No. 521,436 common shares purchased on the MTA.
  • USD 18,605,421.91 (Euro 15,510,209.15 *) for No. 91,026 common shares purchased on the NYSE

As of July 9, 2021, the Company held in treasury No. 9,524,973 common shares equal to 3.70% 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 July 9, 2021, the Company has purchased a total of 4,339,647 own common shares on MTA and NYSE for a total consideration of Euro 608,228,304.00.

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

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