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RACE Ferrari NV

387.20
-5.50 (-1.40%)
30 Apr 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
  -5.50 -1.40% 387.20 386.40 391.70 395.30 386.30 395.20 254,263 17:00:00

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

15/11/2021 8:33pm

GlobeNewswire Inc.


Ferrari NV (BIT:RACE)
Historical Stock Chart


From May 2021 to May 2024

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Maranello (Italy), November 15, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth 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(€) 
08/11/2021MTA4,355226.7537987,512.50
09/11/2021MTA11,110223.65162,484,769.80
10/11/2021MTA6,127221.01871,354,181.80
11/11/2021MTA3,289222.0721730,395.00
12/11/2021MTA660226.1494149,258.60
 Total  -25,541223.41015,706,117.70

Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till November 12, 2021, the total invested consideration has been:

  • Euro 28,998,527.00 for No. 148,566 common shares purchased on the MTA.

As of November 12, 2021, the Company held in treasury No. 9,921,469 common shares equal to 3.86% 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 November 12, 2021, the Company has purchased a total of 4,736,143 own common shares on MTA and NYSE for a total consideration of Euro 682,420,229.24.

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).

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