Ferrari N.V.: periodic report on the buyback program
Maranello (Italy), March 31, 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 (€) |
| 23/03/2021 | MTA | 4,000 | 173.3415 | 693,366.00 |
| 24/03/2021 | MTA | 5,000 | 170.4422 | 852,211.00 |
| 25/03/2021 | MTA | 6,000 | 169.7527 | 1,018,516.20 |
| 26/03/2021 | MTA | 7,000 | 172.8315 | 1,209,820.50 |
| 29/03/2021 | MTA | 5,000 | 172.5441 | 862,720.50 |
| 30/03/2021 | MTA | 6,000 | 173.8313 | 1,042,987.80 |
| Total | - | 33,000 | 172.1098 | 5,679,622.00 |
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till March 30, 2021, the total invested consideration has been:
•
As of March 30, 2021, the Company held in treasury No. 8,982,511 common shares equal to
Since January 1, 2019 until March 30, 2021, the Company has purchased a total of 3,797,185 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).
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