Transaction in Own Shares • Aug 31, 2021
Transaction in Own Shares
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Maranello (Italy), August 30, 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 New York Stock Exchange (NYSE) as follows:
| Trading Date (dd/mm/yyyy) |
Stock Exchange |
Number of common shares purchased |
Ave rage price pe r share e xcluding fees (\$) |
Consideration e xcluding fees (\$) |
Consideration e xcluding fees (€) |
|---|---|---|---|---|---|
| 24/08/2021 | NYSE | 5,040 | 216.3552 | 1,090,430.21 | 928,816.19 |
| 25/08/2021 | NYSE | 4,700 | 217.9749 | 1,024,482.03 | 872,939.70 |
| 26/08/2021 | NYSE | 1,700 | 215.4259 | 366,224.03 | 311,229.74 |
| 27/08/2021 | NYSE | 3,261 | 216.8809 | 707,248.61 | 601,350.74 |
| Total | - | 14, 701 | 216.8822 | 3 , 188,384.88 | 2, 714,336.37 |
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till August 27, 2021, the total invested consideration has been:
As of August 27, 2021, the Company held in treasury No. 9,598,397 common shares equal to 3.73% 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 August 27, 2021, the Company has purchased a total of 4,413,071 own common shares on MTA and NYSE for a total consideration of Euro 621,180,937.29.
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Dutch trade registrationnumber: 64060977
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-shareholdercorner/buyback-programs).
For further information: Media Relations tel.: +39 0536 949337 Email: [email protected]
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