FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), December 13, 2021 – 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) and on the New York Stock Exchange (NYSE) as follows:
| MTA | 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) | (€) | (€) | ($) | ($) | (€)* | (€)* | (€)* | |||
| 06/12/2021 | 4,090 | 228.0962 | 932,913.30 | - | - | - | - | 4,090 | 228.0962 | 932,913.30 |
| 08/12/2021 | 1,433 | 233.6890 | 334,876.30 | - | - | - | - | 1,433 | 233.6890 | 334,876.30 |
| 09/12/2021 | 6,144 | 232.8612 | 1,430,699.20 | 3,900 | 261.2630 | 1,018,925.70 | 900,827.25 | 10,044 | 232.1313 | 2,331,526.45 |
| 10/12/2021 | 11,900 | 229.6803 | 2,733,195.20 | 4,232 | 260.2864 | 1,101,532.04 | 977,141.88 | 16,132 | 229.9986 | 3,710,337.08 |
| 23,567 | 230.4784 | 5,431,684.00 | 8,132 | 260.7548 | 2,120,457.74 | 1,877,969.13 | 31,699 | 230.5957 | 7,309,653.13 | |
| Total | ||||||||||
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till December 10, 2021, the total invested consideration has been:
Euro 53,118,550.60 for No. 252,357 common shares purchased on the MTA- USD 2,120,457.74 (
Euro 1,877,969.13 *) for No. 8,132 common shares purchased on the NYSE.
As of December 10, 2021, the Company held in treasury No. 10,033,392 common shares equal to
Since January 1, 2019 until December 10, 2021, the Company has purchased a total of 4,848,066 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
