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Headline: Ferrari N.v.: Periodic Report on the Buyback Program
Location: Maranello, , IT
Post Date: Jun 14, 2021 12:14 PM
TAG ID: pznews243285
DocID: 202106141000510723-en.xml
Word Count: approx. 286 words
 
 
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Ferrari N.v.: Periodic Report on the Buyback Program

Maranello, (Italy), June 14, 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) and on the New York Stock Exchange (NYSE) as follows:  MTANYSETotalTradingNumber of common shares purchasedAverage price per shareConsideration excluding feesNumber of common shares purchasedAverage price per shareConsideration excluding feesConsideration excluding feesNumber of common shares purchasedAverage price per shareConsideration excluding feesDateexcluding fees excluding fees  excluding fees (d/m/y)(€)(€)($)($)(€)*(€)*(€)*        07/06/2021675178.2828120,340.89----675178.2828120,340.8908/06/20218,000179.91871,439,349.60----8,000179.91871,439,349.6009/06/202116,000176.47592,823,614.40----16,000176.47592,823,614.4010/06/202115,221174.27712,652,671.743,902211.3384824,642.44677,380.0219,123174.13863,330,051.7611/06/20215,731173.8208996,167.00----5,731173.8208996,167.00 45,627176.03938,032,143.633,902211.3384824,642.44677,380.0249,529175.84708,709,523.65Total  Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till June 11, 2021, the total invested consideration has been:•             Euro 68,408,522.83 for No. 398,474 common shares purchased on the MTA.•           USD 7,323,819.33 (Euro 6,075,132.51*) for No. 35,616 common shares purchased on the NYSE As of June 11, 2021, the Company held in treasury No. 9,346,601 common shares equal to 3.63% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company’s equity incentive plan. Since January 1, 2019 until June 11, 2021, the Company has purchased a total of 4,161,275 own common shares on MTA and NYSE for a total consideration of Euro 577,905,888.50. 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). (*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase

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FNV BB PR 14.6.2021 ENG

 
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