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

Publication date: 
25 Oct 2021

Maranello (Italy), October 25, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), additional common shares - reported in aggregate form, on a 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 fees (€)Consideration excluding fees (€)
18/10/2021 MTA 7,250 191.3714 1,387,442.30
19/10/2021 MTA 4,966 191.8316 952,635.85
20/10/2021 MTA 6,701 192.6689 1,291,074.10
21/10/2021 MTA 5,565 191.6208 1,066,369.80
22/10/2021 MTA 7,512 192.5353 1,446,325.35
Total - 31,994 192.0312 6,143,847.40

October 22, 2021, the total invested consideration has been:

  • Euro 18,004,745.00 for No. 96,924 common shares purchased on the MTA.

As of October 22, 2021, the Company held in treasury No. 9,869,827 common shares equal to 3.84% 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 October 22, 2021, the Company has purchased a total of 4,684,501 own common shares on MTA and NYSE for a total consideration of Euro 671,426,447.24.

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).

 

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