Ferrari N.v.: Periodic Report on the Buyback Program
Maranello (Italy), July 31, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the
Trading Date (dd/mm/yyyy) | Stock Exchange | Number of common shares purchased | Average price per share excluding fees (€) | Consideration excluding fees (€) |
24/07/2023 | EXM | 8,336 | 286.5322 | 2,388,532.10 |
25/07/2023 | EXM | 8,830 | 286.1549 | 2,526,748.00 |
26/07/2023 | EXM | 7,964 | 285.0867 | 2,270,430.60 |
27/07/2023 | EXM | 2,462 | 288.0433 | 709,162.60 |
28/07/2023 | EXM | 5,419 | 291.5000 | 1,579,638.60 |
Total | - | 33,011 | 287.0108 | 9,474,511.90 |
(*) 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 July 28, 2023, the total invested consideration has been:
Euro 46,419,602.00 for No. 160,069 common shares purchased on the EXM;- USD 33,543,449.97 (
Euro 30,450,171.05 *) for No. 104,723 common shares purchased on the NYSE.
As of July 28, 2023, the Company held in treasury No. 12,820,898 common shares equal to
Since July 1, 2022 until July 28, 2023, the Company has purchased a total of 1,896,440 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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