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) as follows:

 



Trading

Date

(dd/mm/yyyy)



 
 



Stock Exchange



 
 



Number of common shares purchased



 
 



Average price per share

excluding fees



 



 



 
 



Consideration excluding fees



 



 



 



(€)



 
08/04/2019MTA15,000 121.6912  1,825,368.00
09/04/2019MTA10,345 121.1467  1,253,262.61
10/04/2019MTA6,495 121.0391  786,148.95
11/04/2019MTA4,000 121.4825  485,930.00
12/04/2019MTA2,011 122.2242  245,792.87
 



Total



 
 



-
 



37,851
 



-
 



4,596,502.43

Since the announcement of the buyback program dated 28 December 2018 till 12 April 2019, the total invested consideration has been Euro 56,038,718.96 for No. 529,837 common shares purchased resulting in No. 6,279,419 common shares held in treasury as of  12 April 2019. As of the same date, the Company held 2.44% 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

logo.png

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!