FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), May 10, 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 (€) |
| 03/05/2021 | MTA | 766 | 178.7328 | 136,909.32 |
| 04/05/2021 | MTA | 27,000 | 171.3605 | 4,626,733.50 |
| 05/05/2021 | MTA | 8,652 | 168.9150 | 1,461,452.58 |
| 06/05/2021 | MTA | 13,000 | 166.0786 | 2,159,021.80 |
| 07/05/2021 | MTA | 14,422 | 164.8455 | 2,377,401.80 |
| Total | - | 63,840 | 168.5702 | 10,761,519.01 |
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till May 7, 2021, the total invested consideration has been:
•
• USD 2,829,445.63 (
As of May 7, 2021, the Company held in treasury No. 9,188,946 common shares equal to
Since January 1, 2019 until May 7, 2021, the Company has purchased a total of 4,003,620 own common shares on MTA and NYSE for a total consideration of
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
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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