Ferrari N.V.: Periodic Report on the Buyback Program
- Ferrari continues to invest in its own shares, demonstrating confidence in the company's future
- None.
Maranello (Italy), September 18, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the
EXM | NYSE | Total | ||||||||
Trading | Number of common shares purchased | Average price per share | Consideration excluding fees | Number of common shares purchased | Average price per share | Consideration excluding fees | Consideration excluding fees | Number of common shares purchased | Average price per share | Consideration excluding fees |
Date | excluding fees | excluding fees | excluding fees | |||||||
(d/m/y) | (€) | (€) | ($) | ($) | (€)* | (€)* | (€)* | |||
13/09/2023 | 20,384 | 277.3441 | 5,653,382.60 | 16,722 | 298.9899 | 4,999,709.11 | 4,658,258.74 | 37,106 | 277.8969 | 10,311,641.34 |
14/09/2023 | 2,282 | 277.7303 | 633,780.50 | - | - | - | - | 2,282 | 277.7303 | 633,780.50 |
22,666 | 277.3830 | 6,287,163.10 | 16,722 | 298.9899 | 4,999,709.11 | 4,658,258.74 | 39,388 | 277.8872 | 10,945,421.84 | |
Total | ||||||||||
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such Third Tranche till September 15, 2023, the total invested consideration has been:
Euro 96,423,777.70 for No. 336,194 common shares purchased on the EXM;- USD 59,466,607.27 (
Euro 54,518,410.25 *) for No. 189,784 common shares purchased on the NYSE.
As of September 15, 2023, the Company held in treasury No. 13,082,084 common shares equal to
Since July 1, 2022 until September 15, 2023, the Company has purchased a total of 2,157,626 own common shares on EXM and NYSE, including transactions for Sell to Cover, 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 (https://www.ferrari.com/en-EN/corporate/buyback-programs).
For further information:
Media Relations
tel.: +39 0536 949337
Email: media@ferrari.com
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