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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

01/02/2022 6:35pm

GlobeNewswire Inc.


Ferrari NV (BIT:RACE)
Historical Stock Chart


From May 2021 to May 2024

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Maranello, (Italy), February 1, 2022 – Ferrari N.V. (NYSE/EXM: 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 Euronext Milan (EXM) as follows:

 TradingDate(dd/mm/yyyy)  Stock Exchange  Number of common shares purchased  Average price per shareexcluding fees(€)  Consideration excluding fees (€) 
24/01/2022EXM39,825200.20367,973,109.25
25/01/2022EXM891199.5941177,838.35
26/01/2022EXM846200.6523169,751.85
27/01/2022EXM16,569199.63903,307,818.35
28/01/2022EXM4,846197.9488959,259.75
 Total  -62,977199.879012,587,777.55

Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till January 31, 2022, the total invested consideration has been:

  • Euro 102,524,194.55 for No. 483,497 common shares purchased on the EXM
  • USD 5,457,277.38 (Euro 4,827,879.29*) for No. 21,214 common shares purchased on the NYSE.

As of January 31, 2022, the Company held in treasury No. 10,277,614 common shares equal to 4.00% 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 January 31, 2022, the Company has purchased a total of 5,092,288 own common shares on EXM and NYSE for a total consideration of Euro 760,773,776.08.

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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  • FNV BB PR 01.02.2022 ENG

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