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RACE Ferrari NV

413.7824
-8.66 (-2.05%)
Last Updated: 16:13:19
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
  -8.66 -2.05% 413.7824 419.52 413.7824 416.28 53,378 16:13:19

Ferrari N.V.: periodic report on the buyback program

26/08/2019 5:48pm

GlobeNewswire Inc.


Ferrari NV (NYSE:RACE)
Historical Stock Chart


From Apr 2019 to Apr 2024

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Maranello (Italy), 26 August 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the second tranche of the common share buyback program announced on 1 July 2019 (“Second Tranche”), the Company has purchased additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:

 MTA
TradingDate(d/m/y) Number of common shares purchased Average price per shareexcluding fees(€) Consideration excluding fees (€) 
19/08/20198,980141.10881,267,157.02
20/08/201925,086140.30343,519,651.09
21/08/20191,884141.1930266,007.61
22/08/201932,000140.14694,484,700.80
23/08/201920,000139.09552,781,910.00
 Total 87,950140.073112,319,426.52

Since the announcement of the Second Tranche of the buyback program dated 1 July 2019 till 23 August 2019, the total invested consideration has been Euro 69,321,847.76 for No. 476,763 common shares purchased on the MTA resulting in total No. 7,453,797 common shares held in treasury as of 23 August 2019. As of the same date, the Company held 2.90% 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.

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).

Attachment

  • FNV Buyback Purchases PR 26.08.2019 (ENG)

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