Ferrari N.V.: periodic report on the buyback program
June 17, 2019: 08:10 AM ET
Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) 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
(€)*
10/06/2019
7,867
133.3306
1,048,911.83
16,600
153.3369
2,545,392.54
2,252,360.45
24,467
134.9275
3,301,272.28
11/06/2019
5,000
137.0732
685,366.00
9,900
155.0008
1,534,507.92
1,355,572.37
14,900
136.9757
2,040,938.37
12/06/2019
8,500
136.8425
1,163,161.25
6,400
155.0886
992,567.04
876,593.69
14,900
136.8963
2,039,754.94
13/06/2019
9,000
136.7845
1,231,060.50
6,100
154.0277
939,568.97
832,287.16
15,100
136.6455
2,063,347.66
14/06/2019
8,000
136.1522
1,089,217.60
7,500
153.1154
1,148,365.50
1,019,410.12
15,500
136.0405
2,108,627.72
Total
38,367
135.9949
5,217,717.18
46,500
153.9871
7,160,401.97
6,336,223.78
84,867
136.1417
11,553,940.96
Since the announcement of the buyback program dated 28 December 2018 till 14 June 2019, the total invested consideration has been:
Euro 92,098,640.55 for No. 816,899 common shares purchased on the MTA
USD 37,192,769.78 (Euro 33,182,578.89*) for No. 255,559 common shares purchased on the NYSE
resulting in total No. 6,822,040 common shares held in treasury as of 14 June 2019. As of the same date, the Company held 2.65% 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.
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
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).
