FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), January 17, 2022 – 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 Exchange | Number of common shares purchased | Average price per share excluding fees (€) | Consideration excluding fees (€) |
| 10/01/2022 | MTA | 13,421 | 222.2270 | 2,982,508.40 |
| 11/01/2022 | MTA | 3,267 | 221.6075 | 723,991.70 |
| 12/01/2022 | MTA | 280 | 223.7454 | 62,648.70 |
| 13/01/2022 | MTA | 12,839 | 222.6678 | 2,858,832.00 |
| 14/01/2022 | MTA | 34,007 | 214.7254 | 7,302,166.60 |
| Total | - | 63,814 | 218.2930 | 13,930,147.40 |
Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till January 14, 2022, the total invested consideration has been:
Euro 80,581,777.10 for No. 375,641 common shares purchased on the MTA- USD 5,457,277.38 (
Euro 4,827,879.29 *) for No. 21,214 common shares purchased on the NYSE.
As of January 14, 2022, the Company held in treasury No. 10,169,758 common shares equal to
Since January 1, 2019 until January 14, 2022, the Company has purchased a total of 4,984,432 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).
Attachment
