FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
13 Aprile 2023 - 06:10PM
GlobeNewswire Inc.
MARANELLO (ITALY), APRIL 13, 2023 – FERRARI
N.V. (NYSE/EXM: RACE) (“FERRARI” OR THE
“COMPANY”) INFORMS THAT THE COMPANY HAS PURCHASED,
UNDER THE EURO 200 MILLION SHARE BUYBACK PROGRAM ANNOUNCED ON
DECEMBER 1, 2022, AS THE SECOND 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 “SECOND TRANCHE”), THE
ADDITIONAL COMMON SHARES - REPORTED IN AGGREGATE FORM, ON A DAILY
BASIS - ON THE EURONEXT MILAN (EXM) AS FOLLOWS:
|
TradingDate(dd/mm/yyyy) |
Stock
Exchange |
Number of common shares
purchased |
Average price per
shareexcluding
fees(€) |
Consideration excluding
fees (€) |
|
03/04/2023 |
EXM |
4,455 |
248.4586 |
1,106,883.06 |
|
04/04/2023 |
EXM |
4,438 |
249.4348 |
1,106,991.64 |
|
05/04/2023 |
EXM |
4,411 |
250.8712 |
1,106,592.86 |
|
06/04/2023 |
EXM |
4,450 |
248.5992 |
1,106,266.44 |
|
11/04/2023 |
EXM |
4,415 |
251.1910 |
1,109,008.27 |
|
12/04/2023 |
EXM |
4,400 |
252.0466 |
1,109,005.04 |
|
Total |
- |
26,569 |
250.0940 |
6,644,747.31 |
(*) translated at the European Central
Bank EUR/USD exchange reference rate as of the date of each
purchase
Since the announcement of such Second Tranche
till April 12, 2023, the total invested consideration has been:
- Euro 102,419,926.13 for No. 445,722 common shares purchased on
the EXM
- USD 23,150,410.91 (Euro 21,790,858.67*) for No. 95,065 common
shares purchased on the NYSE.
As of April 12, 2023, the Company held in
treasury No. 12,322,782 common shares equal to 4.80% 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 July 1, 2022 until April 12, 2023, the
Company has purchased a total of 1,349,195 own common shares on EXM
and NYSE, including transactions for Sell to Cover, for a total
consideration of Euro 283,384,774.82.
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).
- FNV BB PR 13 April 2023 ENG
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Ago 2023 a Set 2023
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Set 2022 a Set 2023
