Maranello (Italy), 13 May 2019 – 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

 

 

  		 

Considerationexcluding fees

 

 

 

(€)

 
03/05/2019 MTA 10,552 120.0139 1,266,386.67
06/05/2019 MTA 9,796 116.6375 1,142,580.95
07/05/2019 MTA 7,311 118.8872 869,184.32
 

Total

 		  

- 		 

27,659 		 

- 		 

3,278,151.94

Since the announcement of the buyback program dated 28 December 2018 till 10 May 2019, the total invested consideration has been Euro 70,093,837.60 for No. 646,456 common shares purchased resulting in No. 6,396,038 common shares held in treasury as of  10 May 2019. As of the same date, the Company held 2.49% 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 (http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).

Attachment

  • FNV Buyback Purchases PR 13.05.2019 (ENG)

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