Ferrari N.V.: periodic report on the buyback program
October 11, 2021 at 03:02 pm EDT
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), October 11, 2021 - 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
Stock
Number of common
Average price per share
Consideration
Date
Exchange
shares purchased
excluding fees
excluding fees
(dd/mm/yyyy)
(€)
(€)
05/10/2021
MTA
9,908
178.2285
1,765,888.45
06/10/2021
MTA
15,968
178.1062
2,843,999.75
07/10/2021
MTA
5,426
180.9613
981,896.00
08/10/2021
MTA
5,708
183.7998
1,049,129.05
Total
-
37,010
179.4356
6,640,913.25
Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till October 8, 2021, the total invested consideration has been:
Euro 6,640,913.25 for No. 37,010 common shares purchased on the MTA.
As of October 8, 2021, the Company held in treasury No. 9,809,913 common shares equal to 3.81% 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 October 8, 2021, the Company has purchased a total of 4,624,587 own common shares on MTA and NYSE for a total consideration of Euro 660,062,615.49.
Ferrari N.V.
Registered Office:
Dutch traderegistrationnumber:
Amsterdam, TheNetherlands
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 11 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2021 19:01:02 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%).