Ferrari N.V.: Periodic Report on the Buyback Program
- Ferrari has purchased common shares under their Euro 200 million share buyback program
- Total invested consideration has been Euro 72,217,995.70 for 249,579 common shares purchased on the EXM and USD 42,043,201.50 (Euro 38,280,232.56*) for 131,920 common shares purchased on the NYSE
- None.
Maranello (Italy), September 4, 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) | (€) | (€) | ($) | ($) | (€)* | (€)* | (€)* | |||
29/08/2023 | 3,019 | 289.6969 | 874,595.00 | - | - | - | - | 3,019 | 289.6969 | 874,595.00 |
30/08/2023 | 10,152 | 293.3786 | 2,978,379.10 | - | - | - | - | 10,152 | 293.3786 | 2,978,379.10 |
31/08/2023 | 3,950 | 294.2079 | 1,162,121.40 | 12,565 | 318.3288 | 3,999,801.37 | 3,680,347.23 | 16,515 | 293.2164 | 4,842,468.63 |
01/09/2023 | 30,124 | 286.9979 | 8,645,525.70 | 14,632 | 307.5417 | 4,499,950.15 | 4,149,714.27 | 44,756 | 285.8888 | 12,795,239.97 |
47,245 | 289.1443 | 13,660,621.20 | 27,197 | 312.5253 | 8,499,751.53 | 7,830,061.50 | 74,442 | 288.6903 | 21,490,682.70 | |
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 1, 2023, the total invested consideration has been:
Euro 72,217,995.70 for No. 249,579 common shares purchased on the EXM;- USD 42,043,201.50 (
Euro 38,280,232.56 *) for No. 131,920 common shares purchased on the NYSE.
As of September 1, 2023, the Company held in treasury No. 12,937,605 common shares equal to
Since July 1, 2022 until September 1, 2023, the Company has purchased a total of 2,013,147 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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