Maranello (Italy), 08 April 2019 – 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) as follows:

  TradingDate(dd/mm/yyyy)     Stock Exchange     Number of common shares purchased     Average price per shareexcluding fees         Consideration excluding fees       (€)  
02/04/2019 MTA 1,454 120.2557 174,851.79
03/04/2019 MTA 500 121.5916 60,795.80
04/04/2019 MTA 6,361 121.8824 775,293.95
05/04/2019 MTA 2,248 122.1780 274,656.14
  Total     -   10,563   -   1,285,597.68

Since the announcement of the buyback program dated 28 December 2018 till 5 April 2019, the total invested consideration has been Euro 51,442,216.53 for No. 491,986 common shares purchased resulting in No. 6,241,568 common shares held in treasury as of  5 April 2019. As of the same date, the Company held 2.43% 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.

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).

Attachment

  • FNV Buyback Purchases PR 08.04.2019 (ENG)
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