FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), November 29, 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:
Average price per share
Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till November 26, 2021, the total invested consideration has been:
•Euro 39,709,630.00 for No. 194,314 common shares purchased on the MTA.
As of November 26, 2021, the Company held in treasury No. 9,967,217 common shares equal to 3.88% 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 November 26, 2021, the Company has purchased a total of 4,781,891 own common shares on MTA and NYSE for a total consideration of Euro 693,131,332.24.
Amsterdam, The Netherlands
Via Abetone Inferiore N. 4,
I – 41053 Maranello (MO) Italy
Dutch trade registration number:
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:
tel.: +39 0536 949337