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Maranello (Italy), September 26, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has bought, underneath the Euro 150 million share buyback program introduced on June 30, 2022, as the preliminary tranche of the multi-year share buyback program of roughly Euro 2 billion anticipated to be executed by 2026 consistent with the disclosure made throughout the 2022 Capital Markets Day (the “First Tranche”), the extra widespread shares – reported in combination kind, on a each day foundation – on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
| EXM | NYSE | Total | ||||||||
| Trading | Number of widespread shares bought | Average worth per share | Consideration excluding charges | Number of widespread shares bought | Average worth per share | Consideration excluding charges | Consideration excluding charges | Number of widespread shares bought | Average worth per share | Consideration excluding charges |
| Date | excluding charges | excluding charges | excluding charges | |||||||
| (d/m/y) | (€) | (€) | ($) | ($) | (€)* | (€)* | (€)* | |||
| 19/09/2022 | 6,785 | 195.6138 | 1,327,239.63 | – | – | – | – | 6,785 | 195.6138 | 1,327,239.63 |
| 20/09/2022 | 7,200 | 195.1611 | 1,405,159.92 | 9,070 | 193.6476 | 1,756,383.73 | 1,758,846.12 | 16,270 | 194.4687 | 3,164,006.04 |
| 21/09/2022 | 8,150 | 194.6080 | 1,586,055.20 | 5,727 | 193.7732 | 1,109,739.12 | 1,120,269.65 | 13,877 | 195.0223 | 2,706,324.85 |
| 22/09/2022 | 9,500 | 193.5816 | 1,839,025.20 | 10,733 | 189.8170 | 2,037,305.86 | 2,061,215.97 | 20,233 | 192.7663 | 3,900,241.17 |
| 23/09/2022 | 11,430 | 190.4174 | 2,176,470.88 | 8,100 | 184.8136 | 1,496,990.16 | 1,534,744.88 | 19,530 | 190.0264 | 3,711,215.76 |
| 43,065 | 193.5203 | 8,333,950.83 | 33,630 | 190.3187 | 6,400,418.87 | 6,475,076.62 | 76,695 | 193.0899 | 14,809,027.45 | |
| Total | ||||||||||
(*) translated at the European Central Bank EUR/USD trade reference charge as of the date of every buy
Since the announcement of such First Tranche until September 23, 2022, the complete invested consideration has been:
- Euro 63,403,370.62 for No. 326,747 widespread shares bought on the EXM
- USD 10,530,714.22 (Euro 10,611,889.16*) for No. 54,441 widespread shares bought on the NYSE.
As of September 23, 2022, the Company held in treasury No. 11,446,298 widespread shares equal to 4.45% of the complete issued share capital together with the widespread shares and the particular voting shares, web of shares assigned underneath the Company’s fairness incentive plan.
A complete overview of the transactions carried out underneath the buyback program, in addition to the particulars of the above transactions, can be found on Ferrari’s company web site underneath the Buyback Programs part (https://www.ferrari.com/en-EN/corporate/buyback-programs).
