Ferrari N.V.: periodic report on the buyback program
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 | ||||||||
| TradingDate(d/m/y) | Number of common shares purchased | Average price per shareexcluding fees(€) | Consideration excluding fees (€) | Number of common shares purchased | Average price per shareexcluding fees($) | Consideration excluding fees ($) | Consideration excluding fees (€)* | Number of common shares purchased | Average price per shareexcluding fees(€)* | Consideration excluding fees (€)* |
| 03/06/2019 | 8,682 | 126.4088 | 1,097,481.20 | 22,400 | 142.4702 | 3,191,332.48 | 2,853,225.28 | 31,082 | 127.1059 | 3,950,706.49 |
| 04/06/2019 | 6,614 | 126.2905 | 835,285.37 | 29,500 | 143.5433 | 4,234,527.35 | 3,766,032.86 | 36,114 | 127.4109 | 4,601,318.23 |
| 05/06/2019 | 6,457 | 127.8247 | 825,364.09 | 6,500 | 144.9897 | 942,433.05 | 837,197.34 | 12,957 | 128.3138 | 1,662,561.43 |
| 06/06/2019 | 3,797 | 130.1020 | 493,997.29 | 5,200 | 148.2059 | 770,670.68 | 684,067.71 | 8,997 | 130.9398 | 1,178,065.00 |
| 07/06/2019 | 5,413 | 133.0291 | 720,086.52 | 10,000 | 150.6907 | 1,506,907.00 | 1,336,740.00 | 15,413 | 133.4475 | 2,056,826.52 |
| Total | 30,963 | 128.2891 | 3,972,214.47 | 73,600 | 144.6450 | 10,645,870.56 | 9,477,263.20 | 104,563 | 128.6256 | 13,449,477.66 |
Since the announcement of the buyback program dated 28 December 2018 till 7 June 2019, the total invested consideration has been:
- Euro 86,880,923.37 for No. 778,532 common shares purchased on the MTA
- USD 30,032,367.81 (Euro 26,846,355.10*) for No. 209,059 common shares purchased on the NYSE
resulting in total No. 6,737,173 common shares held in treasury as of 7 June 2019. As of the same date, the Company held 2.62% 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).
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