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RACE Ferrari NV

397.60
-1.50 (-0.38%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ferrari NV BIT:RACE Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -0.38% 397.60 394.70 399.30 401.70 394.50 401.00 256,073 17:00:00

Ferrari N.v.: Periodic Report on the Buyback Program

07/06/2021 6:15pm

GlobeNewswire Inc.


Ferrari NV (BIT:RACE)
Historical Stock Chart


From May 2021 to May 2024

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Maranello (Italy), June 7, 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:

 TradingDate(dd/mm/yyyy)  Stock Exchange  Number of common shares purchased  Average price per shareexcluding fees(€) Consideration excluding fees(€) 
31/05/2021MTA8,000173.65531,389,242.40
01/06/2021MTA1,739172.9928300,834.48
02/06/2021MTA1,115173.4698193,418.83
03/06/2021MTA1,032174.8629180,458.51
 Total  -11,886173.64582,063,954.22

Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till June 4, 2021, the total invested consideration has been:•           Euro 60,376,379.19 for No. 352,847 common shares purchased on the MTA.•             USD 6,499,176.89 (Euro 5,397,752.49*) for No. 31,714 common shares purchased on the NYSE

As of June 4, 2021, the Company held in treasury No. 9,297,072 common shares equal to 3.61% 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 June 4, 2021, the Company has purchased a total of 4,111,746 own common shares on MTA and NYSE for a total consideration of Euro 569,196,364.84.

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchaseA 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-shareholder-corner/buyback-programs).

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  • FNV BB PR 07.06.2021 ENG

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