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RACE Ferrari NV

399.10
4.00 (1.01%)
03 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
  4.00 1.01% 399.10 398.00 401.00 402.90 397.40 398.00 300,002 17:00:00

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

30/08/2021 5:39pm

GlobeNewswire Inc.


Ferrari NV (BIT:RACE)
Historical Stock Chart


From May 2021 to May 2024

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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:

  TradingDate(dd/mm/yyyy)     Stock Exchange     Number of common shares purchased     Average price per shareexcluding fees($)   Consideration excluding fees($)   Consideration excluding 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:•        Euro 99,534,158.61 for No. 580,159 common shares purchased on the MTA.•            USD 21,793,806.79 (Euro 18,224,545.52 *) for No. 105,727 common shares purchased on the NYSE

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.

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-shareholder-corner/buyback-programs).

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase

Attachment

  • FNV BB PR 30.08.2021 ENG

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