Ferrari N.V.: periodic report on the buyback program
February 07, 2022 at 08:10 am EST
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), February 7, 2022 - Ferrari N.V. (NYSE/EXM: 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 Euronext Milan (EXM) as follows:
Trading
Stock
Number of common
Average price per share
Consideration
Date
Exchange
shares purchased
excluding fees
excluding fees
(dd/mm/yyyy)
(€)
(€)
02/02/2022
EXM
169
203.7698
34,437.10
03/02/2022
EXM
19,683
204.1195
4,017,683.30
04/02/2022
EXM
22,434
199.7002
4,480,073.85
Total
-
42,286
201.7735
8,532,194.25
Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till February 4, 2022, the total invested consideration has been:
Euro 111,056,388.80 for No. 525,783 common shares purchased on the EXM
USD 5,457,277.38 (Euro 4,827,879.29*) for No. 21,214 common shares purchased on the NYSE.
As of February 4, 2022, the Company held in treasury No. 10,319,900 common shares equal to 4.01% 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 February 4, 2022, the Company has purchased a total of 5,134,574 own common shares on EXM and NYSE for a total consideration of Euro 769,305,970.33.
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 07 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 February 2022 13:09:06 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%).
FERRARI N.V. 
