Ferrari N.V.: periodic report on the buyback program
22 Julio 2019 - 6:43AM
Maranello (Italy), 22 July 2019 – Ferrari
N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”)
announces that under the second tranche of the common share buyback
program announced on 1 July 2019 (“Second Tranche”), the
Company has purchased additional common shares - reported in
aggregate form, on daily basis - on the Italian Stock Exchange
(MTA) as follows:
|
|
MTA |
|
TradingDate(d/m/y) |
Number of common shares purchased |
Average price per shareexcluding fees(€) |
Consideration excluding fees
(€) |
|
15/07/2019 |
10,977 |
149.0785 |
1,636,434.69 |
|
16/07/2019 |
8,828 |
150.6955 |
1,330,339.87 |
|
17/07/2019 |
11,434 |
151.4603 |
1,731,797.07 |
|
18/07/2019 |
12,629 |
150.1394 |
1,896,110.48 |
|
19/07/2019 |
16,000 |
149.3774 |
2,390,038.40 |
|
Total |
59,868 |
150.0755 |
8,984,720.51 |
Since the announcement of the Second Tranche of
the buyback program dated 1 July 2019 till 19 July 2019, the total
invested consideration has been Euro 25,488,802.02 for No. 171,594
common shares purchased on the MTA resulting in total No. 7,165,736
common shares held in treasury as of 19 July 2019. As of the same
date, the Company held 2.79% 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).
- FNV Buyback Purchases PR 22.07.2019 (ENG)
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