AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Ferrari N.V.

Transaction in Own Shares Sep 13, 2022

4513_iss_2022-09-12_d83ea226-854d-47d8-bdf0-dcb962f389aa.pdf

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

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:

Trading
Date
(dd/mm/yyyy)
Stock
Exchange
Number of common
shares purchased
Average price per share
excluding 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.

Dutch trade registration number: 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 (https://www.ferrari.com/en-EN/corporate/buyback-programs).

For further information: Media Relations tel.: +39 0536 949337 Email: [email protected]

Talk to a Data Expert

Have a question? We'll get back to you promptly.