Ferrari N.v.: Periodic Report on the Buyback Program
02 Maggio 2023 - 06:58PM
GlobeNewswire Inc.
Maranello (Italy), May 2, 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 (€) |
21/04/2023 |
EXM |
4,400 |
251.5283 |
1,106,724.52 |
24/04/2023 |
EXM |
4,370 |
253.5342 |
1,107,944.45 |
25/04/2023 |
EXM |
4,370 |
253.3200 |
1,107,008.40 |
26/04/2023 |
EXM |
4,400 |
251.5032 |
1,106,614.08 |
27/04/2023 |
EXM |
4,400 |
251.5726 |
1,106,919.44 |
28/04/2023 |
EXM |
4,430 |
250.5205 |
1,109,805.82 |
Total |
- |
26,370 |
251.9915 |
6,645,016.71 |
(*) 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 28, 2023, the total invested consideration has been:
- Euro 115,711,590.62 for No. 498,117 common shares purchased on
the EXM
- USD 24,928,758.14 (Euro 23,410,335.25*) for No. 101,422 common
shares purchased on the NYSE.
As of April 28, 2023, the Company held in
treasury No. 12,381,534 common shares equal to 4.82% 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 28, 2023, the
Company has purchased a total of 1,407,947 own common shares on EXM
and NYSE, including transactions for Sell to Cover, for a total
consideration of Euro 298,295,915.89.
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
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Set 2023 a Ott 2023
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Ott 2022 a Ott 2023