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Ferrari N.V.
Transaction in Own Shares • Apr 5, 2022
4513_iss_2022-04-04_ab94ca96-7189-4da6-9f58-47ef918017d5.pdf
Transaction in Own Shares
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), April 4, 2022 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the sixth tranche of the common share buyback program announced on March 3, 2022 ("Sixth Tranche"), additional common shares - reported in aggregate form, on a daily basis - on 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 (€) |
|---|---|---|---|---|
| 28/03/2022 | EXM | 4,213 | 194.7084 | 820,306.50 |
| 29/03/2022 | EXM | 6,358 | 197.5759 | 1,256,187.40 |
| 30/03/2022 | EXM | 7,300 | 199.5787 | 1,456,924.55 |
| 31/03/2022 | EXM | 6,586 | 200.2408 | 1,318,785.75 |
| 01/04/2022 | EXM | 8,246 | 199.2627 | 1,643,120.05 |
| Total | - | 32,703 | 198.6155 | 6,495,324.25 |
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of the Sixth Tranche of the buyback program dated March 3, 2022 till April 1, 2022, the total invested consideration has been:
- Euro 32,314,842.55 for No. 175,175 common shares purchased on the EXM
- USD 9,990,538.84 (Euro 9,133,362.89*) for No. 52,571 common shares purchased on the NYSE.
As of April 1, 2022, the Company held in treasury No. 10,655,951 common shares equal to 4.14% 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.
Registered Office: Via Abetone Inferiore N. 4, I – 41053 Maranello (MO) Italy Dutch trade registration number: 64060977
Since January 1, 2019 until April 1, 2022, the Company has purchased a total of 5,536,233 own common shares on EXM and NYSE, excluding transactions for Sell to Cover, for a total consideration of Euro 844,868,771.99.
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]