FERRARI N.V.

(RACE)
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Delayed Nyse  -  05/20 04:00:02 pm EDT
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM - Form 6-K

01/18/2022 | 10:00am EDT
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Maranello (Italy), January 17, 2022 - Ferrari N.V. (NYSE/MTA: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 ("Fifth Tranche"), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:


Trading
Date
(dd/mm/yyyy)


Average price per share
excluding fees

(€)


Consideration
excluding fees

(€)

10/01/2022 MTA 13,421 222.2270 2,982,508.40
11/01/2022 MTA 3,267 221.6075 723,991.70
12/01/2022 MTA 280 223.7454 62,648.70
13/01/2022 MTA 12,839 222.6678 2,858,832.00
14/01/2022 MTA 34,007 214.7254 7,302,166.60
Total - 63,814 218.2930 13,930,147.40

Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till January 14, 2022, the total invested consideration has been:
•Euro 80,581,777.10 for No. 375,641 common shares purchased on the MTA
•USD 5,457,277.38 (Euro 4,827,879.29*) for No. 21,214 common shares purchased on the NYSE.

As of January 14, 2022, the Company held in treasury No. 10,169,758 common shares equal to 3.95% 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 January 1, 2019 until January 14, 2022, the Company has purchased a total of 4,984,432 own common shares on MTA and NYSE for a total consideration of Euro 738,831,358.63.


Ferrari N.V.
Amsterdam, The Netherlands

Registered Office:
Via Abetone Inferiore N. 4,
I - 41053 Maranello (MO) Italy

Dutch trade registration number:
64060977




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).

For further information:
Media Relations
tel.: +39 0536 949337
Email: media@ferrari.com
2

Disclaimer

Ferrari NV published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 14:59:02 UTC.


© Publicnow 2022
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Sales 2022 4 789 M 5 052 M 5 052 M
Net income 2022 889 M 938 M 938 M
Net Debt 2022 1 112 M 1 173 M 1 173 M
P/E ratio 2022 36,8x
Yield 2022 0,77%
Capitalization 32 843 M 34 648 M 34 648 M
EV / Sales 2022 7,09x
EV / Sales 2023 6,30x
Nbr of Employees 4 632
Free-Float 48,4%
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Last Close Price 179,61 €
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Benedetto Vigna Chief Executive Officer & Executive Director
Antonio Picca Piccon Chief Financial Officer
John Jacob Philip Elkann Executive Chairman
Davide Abate Chief Technology & Infrastructures Officer
Ernesto Lasalandra Chief Research & Development Officer
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