Ferrari N.V.: Periodic Report on the Buyback Program
18 Settembre 2023 - 12:31PM
Maranello (Italy),
September
18,
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 June
27, 2023, as the third 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 “Third
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:
|
|
EXM |
NYSE |
Total |
|
Trading |
Number of common shares purchased |
Average price per
share |
Consideration excluding
fees |
Number of common shares purchased |
Average price per
share |
Consideration excluding
fees |
Consideration excluding
fees |
Number of common shares purchased |
Average price per
share |
Consideration excluding
fees |
|
Date |
excluding fees |
|
excluding fees |
|
|
excluding fees |
|
|
(d/m/y) |
(€) |
(€) |
($) |
($) |
(€)* |
(€)* |
(€)* |
|
|
|
|
|
|
|
|
|
|
13/09/2023 |
20,384 |
277.3441 |
5,653,382.60 |
16,722 |
298.9899 |
4,999,709.11 |
4,658,258.74 |
37,106 |
277.8969 |
10,311,641.34 |
|
14/09/2023 |
2,282 |
277.7303 |
633,780.50 |
- |
- |
- |
- |
2,282 |
277.7303 |
633,780.50 |
|
|
22,666 |
277.3830 |
6,287,163.10 |
16,722 |
298.9899 |
4,999,709.11 |
4,658,258.74 |
39,388 |
277.8872 |
10,945,421.84 |
|
Total |
|
|
(*) translated at the European Central Bank
EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such Third Tranche
till September 15, 2023, the total invested consideration has
been:
- Euro 96,423,777.70 for No. 336,194
common shares purchased on the EXM;
- USD 59,466,607.27 (Euro
54,518,410.25*) for No. 189,784 common shares purchased on the
NYSE.
As of September 15, 2023, the Company held in
treasury No. 13,082,084 common shares equal to 5.09% 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 September 15, 2023, the
Company has purchased a total of 2,157,626 own common shares on EXM
and NYSE, including transactions for Sell to Cover, for a total
consideration of Euro 510,139,443.47.
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
- FNV BB PR 18 September 2023 ENG
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Ott 2023 a Nov 2023
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Nov 2022 a Nov 2023
