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Ferrari N.V.: periodic report on the buyback program

PR-Inside.com: 2019-01-11 10:09:01

Ferrari N.V. (NYSE/MTA: RACE) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased 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 purchasedAverage price per share
excluding fees

 

 
Consideration excluding fees

 

(€)
02/01/2019MTA15,00085.77731,286,659.50
03/01/2019MTA13,16785.44511,125,055.63
04/01/2019MTA8,19987.2593715,439.00
07/01/2019MTA12,02690.19541,084,689.88
08/01/2019MTA7,40493.2450690,385.98
09/01/2019MTA9,27597.1390900,964.23
10/01/2019MTA12,98495.76671,243,434.83
 

Total
 

-
 

78,055
 

-
 

 7,046,629.06

Since the announcement of the buyback program dated 28 December 2018 till 10 January 2019, the total invested consideration has been Euro 7,046,629.06 for No. 78,055 common shares purchased resulting in No. 6,080,898 common shares held in treasury as of 10 January 2019. As of the same date, the Company held 2.43% of the total issued share capital including the common shares and the special voting shares.

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).

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