ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

RACE Ferrari NV

429.22
0.66 (0.15%)
After Hours
Last Updated: 22:33:59
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ferrari NV NYSE:RACE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.66 0.15% 429.22 429.84 425.48 426.72 157,900 22:33:59

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

15/07/2024 1:15pm

GlobeNewswire Inc.


Ferrari NV (NYSE:RACE)
Intraday Stock Chart


Wednesday 17 July 2024

Click Here for more Ferrari NV Charts.

Maranello (Italy), July 15, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

 EXMNYSETotal
TradingNumber of common shares purchasedAverage price per shareConsideration excluding feesNumber of common shares purchasedAverage price per shareConsideration excluding feesConsideration excluding feesNumber of common shares purchasedAverage price per shareConsideration excluding fees
Dateexcluding fees excluding fees  excluding fees 
(d/m/y)(€)(€)($)($)(€)*(€)*(€)*
        
04/07/20247,000392.27232,745,906.10----7,000392.27232,745,906.10
05/07/20247,200392.04332,822,711.76----7,200392.04332,822,711.76
08/07/20247,000395.31132,767,179.10----7,000395.31132,767,179.10
09/07/20247,000395.54312,768,801.70----7,000395.54312,768,801.70
10/07/20247,000396.72912,777,103.70----7,000396.72912,777,103.70
11/07/20246,800398.03102,706,610.801,627430.1916699,921.73644,792.028,427397.69823,351,402.82
12/07/20247,000397.26652,780,865.50----7,000397.26652,780,865.50
 49,000395.289419,369,178.661,627430.1916699,921.73644,792.0250,627395.322120,013,970.68
Total
 

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase        Since the announcement of such Fifth Tranche till July 12, 2024, the total invested consideration has been:

  • Euro 27,810,462.91 for No. 71,000 common shares purchased on the EXM
  • USD 699,921.73 (Euro 644,792.02*) for No. 1,627 common shares purchased on the NYSE.

As of July 12, 2024, the Company held in treasury No. 14,238,293 common shares equal to 5.54% 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 the start of the multi-year share buyback program of approximately Euro 2 billion announced during the 2022 Capital Markets Day, on July 1, 2022, until July 12, 2024, the Company has purchased a total of 3,414,189 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 951,199,327.64.

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 Relationstel.: +39 0536 949337Email: media@ferrari.com

Attachment

  • FNV BB PR 15 July 2024 ENG

1 Year Ferrari NV Chart

1 Year Ferrari NV Chart

1 Month Ferrari NV Chart

1 Month Ferrari NV Chart