FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), July 20, 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) as follows:
Trading Date (dd/mm/yyyy) | Stock Exchange | Number of common shares purchased | Average price per share excluding fees (€) | Consideration excluding fees (€) |
13/07/2021 | MTA | 1,020 | 176.2938 | 179,819.68 |
14/07/2021 | MTA | 7,000 | 176.9783 | 1,238,848.10 |
15/07/2021 | MTA | 14,000 | 174.9491 | 2,449,287.40 |
16/07/2021 | MTA | 6,928 | 175.1422 | 1,213,385.16 |
19/07/2021 | MTA | 14,163 | 172.7312 | 2,446,391.99 |
Total | - | 43,111 | 174.6128 | 7,527,732.32 |
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till July 19, 2021, the total invested consideration has been:
•
• USD 18,605,421.91 (
As of July 19, 2021, the Company held in treasury No. 9,568,084 common shares equal to
Since January 1, 2019 until July 19, 2021, the Company has purchased a total of 4,382,758 own common shares on MTA and NYSE for a total consideration of
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).
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
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