Ferrari N.V.: periodic report on the buyback program
Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares - reported in aggregate form, on daily basis - on the Italian Stock Exchange (MTA) as follows:
| Trading Date (dd/mm/yyyy) | Stock Exchange | Number of common shares purchased | Average price per share excluding fees | Consideration excluding fees (€) |
| 08/04/2019 | MTA | 15,000 | 121.6912 | 1,825,368.00 |
| 09/04/2019 | MTA | 10,345 | 121.1467 | 1,253,262.61 |
| 10/04/2019 | MTA | 6,495 | 121.0391 | 786,148.95 |
| 11/04/2019 | MTA | 4,000 | 121.4825 | 485,930.00 |
| 12/04/2019 | MTA | 2,011 | 122.2242 | 245,792.87 |
| Total | - | 37,851 | - | 4,596,502.43 |
Since the announcement of the buyback program dated 28 December 2018 till 12 April 2019, the total invested consideration has been Euro 56,038,718.96 for No. 529,837 common shares purchased resulting in No. 6,279,419 common shares held in treasury as of 12 April 2019. As of the same date, the Company held 2.44% 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.
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 (/en/investors/stock-and-shareholder-corner/buyback-programs).
Attachment
