Ferrari N.V.: periodic report on the buyback program
May 27, 2019: 11:31 AM ET
Ferrari N.V. (NYSE/MTA: RACE) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares - reported in aggregate form, on daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
MTA
NYSE
Total
Trading Date (d/m/y)
Number of common shares purchased
Average price per share excluding fees (€)
Consideration excluding fees
(€)
Number of common shares purchased
Average price per share excluding fees ($)
Consideration excluding fees
($)
Consideration excluding fees
(€)*
Number of common shares purchased
Average price per share excluding fees (€)*
Consideration excluding fees
(€)*
20/05/2019
12,165
127.2382
1,547,852.70
5,907
141.5490
836,129.94
748,750.73
18,072
127.0808
2,296,603.44
21/05/2019
3,056
127.7458
390,391.16
4,600
143.7353
661,182.38
592,404.25
7,656
128.3693
982,795.41
22/05/2019
5,810
128.3049
745,451.47
8,300
142.9241
1,186,270.03
1,061,919.28
14,110
128.0915
1,807,370.75
23/05/2019
10,841
126.8559
1,375,244.81
14,613
142.0169
2,075,292.96
1,863,087.31
25,454
127.2229
3,238,332.13
24/05/2019
6,500
127.6527
829,742.55
17,200
144.1203
2,478,869.16
2,215,848.00
23,700
128.5059
3,045,590.55
Total
38,372
127.4023
4,888,682.69
50,620
142.9819
7,237,744.47
6,482,009.58
88,992
127.7721
11,370,692.28
Since the announcement of the buyback program dated 28 December 2018 till 24 May 2019, the total invested consideration has been:
Euro 77,818,399.03 for No. 707,603 common shares purchased on the MTA
USD 7,237,744.47 (Euro 6,482,009.58*) for No. 50,620 common shares purchased on the NYSE resulting in total No. 6,507,805 common shares held in treasury as of 24 May 2019. As of the same date, the Company held 2.53% 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.