FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
September 12 2022 - 06:04AM
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK
PROGRAM
Maranello (Italy), September 12,
2022 – Ferrari N.V. (NYSE/EXM: RACE)
(“Ferrari” or the “Company”)
informs that the Company has purchased, under the Euro 150 million
share buyback program announced on June 30, 2022, as the initial
tranche of the multi-year share buyback program of approximately
Euro 2 billion expected to be executed by 2026 in line with the
disclosure made during the 2022 Capital Markets Day (the
“First Tranche”), the additional common shares -
reported in aggregate form, on a daily basis - on the Euronext
Milan (EXM) as follows:
TradingDate(dd/mm/yyyy) |
Stock
Exchange |
Number of common shares
purchased |
Average price per
shareexcluding
fees(€) |
Consideration excluding
fees (€) |
05/09/2022 |
EXM |
10,150 |
191.1418 |
1,940,089.27 |
06/09/2022 |
EXM |
10,125 |
191.3589 |
1,937,508.86 |
07/09/2022 |
EXM |
8,730 |
192.9762 |
1,684,682.23 |
08/09/2022 |
EXM |
8,500 |
193.2081 |
1,642,268.85 |
09/09/2022 |
EXM |
6,230 |
196.5347 |
1,224,411.18 |
Total |
- |
43,735 |
192.7280 |
8,428,960.39 |
Since the announcement of such First Tranche
till September 9, 2022, the total invested consideration has
been:
- Euro 48,943,320.74 for No. 252,862 common shares purchased on
the EXM.
As of September 9, 2022, the Company held in
treasury No. 11,317,972 common shares equal to 4.40% 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.
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).
- FNV BB PR 12.09.2022 ENG
- FNV BB PR 12.09.2022 ENG
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