FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
21 März 2022 - 8:58PM
Maranello (Italy), March 21,
2022 – Ferrari N.V. (NYSE/EXM: RACE)
(“Ferrari” or the “Company”)
informs that the Company has purchased, under the sixth tranche of
the common share buyback program announced on March 3, 2022
(“Sixth Tranche”), additional common shares -
reported in aggregate form, on a daily basis - on Euronext Milan
(EXM) as follows:
|
TradingDate(dd/mm/yyyy)
|
Stock Exchange
|
Number of common shares
purchased |
Average price per
shareexcluding fees(€)
|
Consideration excluding
fees (€)
|
|
15/03/2022 |
EXM |
16,562 |
175.3414 |
2,904,005.00 |
|
16/03/2022 |
EXM |
1,777 |
183.4044 |
325,909.70 |
|
17/03/2022 |
EXM |
6,543 |
186.7698 |
1,222,035.10 |
|
18/03/2022 |
EXM |
6,454 |
185.8355 |
1,199,382.35 |
|
Total
|
- |
31,336 |
180.3463 |
5,651,332.15 |
(*) translated at the European Central Bank
EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of the Sixth Tranche of
the buyback program dated March 3, 2022 till March 18, 2022, the
total invested consideration has been:
- Euro 18,554,255.80 for No. 104,449 common shares purchased on
the EXM
- USD 9,413,362.26 (Euro 8,607,940.43*) for No. 49,800 common
shares purchased on the NYSE.
Under the Company’s equity incentive plans, on
March 16, 2022 the Company assigned, inter alia, to certain
employees of Ferrari Group No. 122,125 common shares held in
treasury. On the same day Ferrari purchased in a “cross order”
transaction executed on the EXM No. 56,517 common shares from a
group of those employees in order to cover their individual's
taxable income as is standard practice (Sell to Cover) at the
average price of Euro 183.3946 per share.As of March 18, 2022, the
Company held in treasury No. 10,582,454 common shares equal to
4.12% 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 March 18, 2022, the
Company has purchased a total of 5,462,736 own common shares on EXM
and NYSE, excluding transactions for Sell to Cover, for a total
consideration of Euro 830,582,762.77.
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).
- FNV BB PR 21.03.2022 ENG Final
Ferrari NV (BIT:RACE)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Ferrari NV (BIT:RACE)
Historical Stock Chart
Von Apr 2023 bis Apr 2024
