Ferrari N.v.: Periodic Report on the Buyback Program
Maranello (Italy), April 22, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the sixth tranche of the common share buyback program announced on March 3, 2022 (“Sixth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on Euronext Milan (EXM) as follows:
| Trading Date (dd/mm/yyyy) | Stock Exchange | Number of common shares purchased | Average price per share excluding fees (€) | Consideration excluding fees (€) |
| 11/04/2022 | EXM | 10,671 | 201.1846 | 2,146,841.30 |
| 12/04/2022 | EXM | 744 | 203.2116 | 151,189.40 |
| 13/04/2022 | EXM | 9,776 | 202.1722 | 1,976,435.70 |
| 14/04/2022 | EXM | 2,990 | 205.0634 | 613,139.70 |
| 19/04/2022 | EXM | 10,484 | 202.2067 | 2,119,935.10 |
| 20/04/2022 | EXM | 5,320 | 205.4060 | 1,092,759.80 |
| 21/04/2022 | EXM | 7,390 | 204.2133 | 1,509,136.10 |
| Total | - | 47,375 | 202.8377 | 9,609,437.10 |
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of the Sixth Tranche of the buyback program dated March 3, 2022 till April 21, 2022, the total invested consideration has been:
Euro 50,223,149.45 for No. 263,291 common shares purchased on the EXM- USD 9,990,538.84 (
Euro 9,133,362.89 *) for No. 52,571 common shares purchased on the NYSE.
As of April 21, 2022, the Company held in treasury No. 10,744,067 common shares equal to
Since January 1, 2019 until April 21, 2022, the Company has purchased a total of 5,624,349 own common shares on EXM and NYSE, excluding 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).
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