FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
13 Maggio 2024 - 1:50PM
Maranello (Italy), May 13 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
(€) |
|
06/05/2024 |
EXM |
3,819 |
397.8222 |
1,519,282.98 |
|
07/05/2024 |
EXM |
5,572 |
388.4118 |
2,164,230.55 |
|
08/05/2024 |
EXM |
5,338 |
374.3431 |
1,998,243.47 |
|
09/05/2024 |
EXM |
3,927 |
376.1138 |
1,476,998.89 |
|
10/05/2024 |
EXM |
3,965 |
374.0042 |
1,482,926.65 |
|
Total |
- |
22,621 |
382.0204 |
8,641,682.54 |
(*) 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 10, 2024, the total invested consideration has been:
- Euro 201,088,174.64 for No. 573,889 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 10, 2024, the Company held in treasury
No. 13,907,967 common shares equal to 5.41% 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 10, 2024, the
Company has purchased a total of 3,083,863 own common shares on EXM
and NYSE, including transactions for Sell to Cover, for a total
consideration of Euro 823,827,218.99.
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 May 2024 ENG
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Nov 2023 a Nov 2024
