Transaction in Own Shares • Jul 30, 2021
Transaction in Own Shares
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Maranello (Italy), July 29, 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 (€) |
|---|---|---|---|---|
| 20/07/2021 | MTA | 6,982 | 172.7030 | 1,205,812.35 |
| 21/07/2021 | MTA | 770 | 173.3723 | 133,496.67 |
| 22/07/2021 | MTA | 7,860 | 174.4600 | 1,371,255.60 |
| Total | - | 15,612 | 173.6206 | 2,710,564.62 |
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till July 28, 2021, the total invested consideration has been:
As of July 28, 2021, the Company held in treasury No. 9,583,696 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 July 28, 2021, the Company has purchased a total of 4,398,370 own common shares on MTA and NYSE for a total consideration of Euro 618,466,600.94.
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Registered Office: Via Abetone Inferiore N. 4, I – 41053 Maranello (MO) Italy 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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