Ferrari N.V.: periodic report on the buyback program
April 12, 2021 at 05:19 pm EDT
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), April 12, 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"), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
MTA
NYSE
Total
Average
Consideration
Average
Consideration
Consideration
Average
Consideration
Trading
price per
price per
price per
excluding fees
excluding fees
excluding fees
excluding fees
Number of
share
Number of
share
Number of
share
common
excluding
common
excluding
common
excluding
Date
shares
shares
shares
fees
fees
fees
purchased
purchased
purchased
(d/m/y)
(€)
(€)
($)
($)
(€)*
(€)*
(€)*
31/03/2021
6,000
178.3557
1,070,134.20
-
-
-
-
6,000
178.3557
1,070,134.20
01/04/2021
3,782
178.5810
675,393.34
-
-
-
-
3,782
178.5810
675,393.34
06/04/2021
6,000
177.2778
1,063,666.80
2,200
209.9127
461,807.94
390,965.07
8,200
177.3941
1,454,631.87
07/04/2021
8,000
174.8102
1,398,481.60
4,850
209.4960
1,016,055.60
854,977.79
12,850
175.3665
2,253,459.39
08/04/2021
7,000
176.0668
1,232,467.60
-
-
-
-
7,000
176.0668
1,232,467.60
09/04/2021
7,000
174.7852
1,223,496.40
-
-
-
-
7,000
174.7852
1,223,496.40
Total
37,782
176.3708
6,663,639.94
7,050
209.6260
1,477,863.54
1,245,942.85
44,832
176.4272
7,909,582.79
Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till April 9, 2021, the total invested consideration has been:
Euro 18,439,453.54 for No. 107,782 common shares purchased on the MTA.
USD 1,477,863.54 (Euro 1,245,942.85*) for No. 7,050 common shares purchased on the NYSE
As of April 9, 2021, the Company held in treasury No. 9,027,343 common shares equal to 3.51% 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 April 9, 2021, the Company has purchased a total of 3,842,017 own common shares on MTA and NYSE for a total consideration of Euro 523,107,629.56.
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Ferrari N.V.
Registered Office:
Dutch trade registration number:
Amsterdam, The Netherlands
Via Abetone Inferiore N. 4,
64060977
I - 41053 Maranello (MO) Italy
corporate. ferrari.com
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
Ferrari NV published this content on 12 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2021 21:18:05 UTC.
Ferrari N.V. is a holding company organized around 3 areas of activity:
- manufacturing and sale of luxury sports vehicles (85.8% of net sales): 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale, 458 Speciale A, California T and Ferrari FF. The group also provides spare parts;
- manufacturing and sale of car engines (2.1%): Maseratti brand;
- other (12.1%): sponsorship activity, provision of financial services, etc.
Net sales are distributed geographically as follows: Italy (7.4%), the United Kingdom (10.5%), Germany (8.3%), Europe/Middle East/Africa (21.9%), the United States (25.7%), Americas (3.8%), China/Hong Kong/Taiwan (9.8%), Asia/Pacific and Australia (12.6%).