Maranello (Italy), 3 May 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  (€) 
24/04/2019 MTA  7,982  122.4449  977,355.19
25/04/2019 MTA  12,000  121.5352  1,458,422.40
26/04/2019 MTA  7,531  120.8644  910,229.80
29/04/2019 MTA  8,769  120.6783  1,058,228.01
30/04/2019 MTA  11,665  121.0116  1,411,600.31
02/05/2019 MTA  6,600  120.3551  794,343.66
  Total     -   54,547   -   6,610,179.37

Since the announcement of the buyback program dated 28 December 2018 till 2 May 2019, the total invested consideration has been Euro 66,815,685.66 for No. 618,797 common shares purchased resulting in No. 6,368,379 common shares held in treasury as of  2 May 2019. As of the same date, the Company held 2.48% 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 03.05.2019 (ENG)
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