FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM Maranello (Italy), July 5, 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:
|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|
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till July 2, 2021, the total invested consideration has been:
• Euro 84,613,053.58 for No. 494,338 common shares purchased on the MTA.
• USD 15,442,398.51 (Euro 12,837,800.02*) for No. 75,694 common shares purchased on the NYSE
As of July 2, 2021, the Company held in treasury No. 9,482,543 common shares equal to 3.69% 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 July 2, 2021, the Company has purchased a total of 4,297,217 own common shares on MTA and NYSE for a total consideration of Euro 600,873,086.77.
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
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 ).