Ferrari N.V.: Periodic Report on the Buyback Program
06 Maggio 2024 - 11:21AM
Maranello (Italy), May 6, 2024 – Ferrari N.V.
(NYSE/EXM: RACE) (“Ferrari” or the
“Company”) informs that the Company has purchased,
under the Euro 350 million share buyback program announced on
November 7, 2023, as the fourth 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 “Fourth 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(€) |
|
30/04/2024 |
EXM |
3,897 |
390.0759 |
1,520,125.78 |
|
02/05/2024 |
EXM |
3,833 |
394.7818 |
1,513,198.64 |
|
03/05/2024 |
EXM |
3,795 |
400.1077 |
1,518,408.72 |
|
Total |
- |
11,525 |
394.9443 |
4,551,733.14 |
(*) translated at the European Central Bank
EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such Fourth Tranche
till May 3, 2024, the total invested consideration has been:
- Euro 192,446,492.09 for No. 551,268
common shares purchased on the EXM
- USD 54,391,165.62 (Euro
49,994,518.23*) for No. 140,501 common shares purchased on the
NYSE.
As of May 3, 2024, the Company held in treasury
No. 13,885,346 common shares equal to 5.40% 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 May 3, 2024, the
Company has purchased a total of 3,061,242 own common shares on EXM
and NYSE, including transactions for Sell to Cover, for a total
consideration of Euro 815,185,536.45.
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 Gen 2025 a Feb 2025
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Feb 2024 a Feb 2025
