Ferrari N.V.: periodic report on the buyback program
23 Marzo 2021 - 5:42PM
Maranello (Italy), March 23, 2021 – Ferrari
N.V. (NYSE/MTA: RACE) (“Ferrari” or the
“Company”) informs that the Company has purchased,
under the fourth tranche of the common share buyback program
announced on March 11, 2021 (“Fourth Tranche”),
common shares - reported in aggregate form, on a daily basis - on
the Italian Stock Exchange (MTA) as follows:
TradingDate(dd/mm/yyyy) |
Stock
Exchange |
Number of common shares
purchased |
Average price per
shareexcluding
fees(€) |
Consideration
excluding
fees (€) |
12/03/2021 |
MTA |
6,000 |
163.2566 |
979,539.60 |
15/03/2021 |
MTA |
6,000 |
163.6607 |
981,964.20 |
16/03/2021 |
MTA |
6,000 |
164.9980 |
989,988.00 |
17/03/2021 |
MTA |
4,000 |
164.2357 |
656,942.80 |
18/03/2021 |
MTA |
5,000 |
163.2737 |
816,368.50 |
19/03/2021 |
MTA |
5,000 |
164.4405 |
822,202.50 |
22/03/2021 |
MTA |
5,000 |
169.8372 |
849,186.00 |
Total |
- |
37,000 |
164.7619 |
6,096,191.60 |
Since the announcement of the Fourth Tranche of
the buyback program dated March 11, 2021 till March 22, 2021, the
total invested consideration has
been:•
Euro 6,096,191.60 for No. 37,000 common shares purchased on the
MTA.
Under the Company’s equity incentive plans, on
March 16, 2021 the Company assigned, inter alia, to certain
employees and former CEO of Ferrari Group No. 206,571 common shares
held in treasury. On March 17, 2021 Ferrari purchased No. 93,473
common shares from a group of those employees and former CEO in
order to cover the individual's taxable income as is standard
practice (Sell to Cover) in an over-the-counter transaction
executed at the price of Euro 165.1 per share equal to the
Reference Price of MTA-Borsa Italiana of the previous day.As of
March 22, 2021, the Company held in treasury No. 8,949,511 common
shares equal to 3.48% of the total issued share capital including
the common shares and the special voting shares.
Since January 1, 2019 until March 22, 2021, the
Company has purchased a total of 3,764,185 own common shares on MTA
and NYSE for a total consideration of Euro 509,518,424.76.
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
(http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Apr 2023 a Apr 2024