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Ferrari N.V.: periodic report on the buyback program

/EIN News/ -- Ferrari N.V. (NYSE/MTA: RACE) 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

 

(€)
08/02/2019 MTA 9,866 108.9700 1,075,098.02
11/02/2019 MTA 6,822 109.2755 745,477.46
13/02/2019 MTA 8,807 111.2344 979,641.36
14/02/2019 MTA 13,147 110.6828 1,455,146.77
15/02/2019 MTA 9,628 109.6458 1,055,669.76
Total - 48,270 - 5,311,033.37

Since the announcement of the buyback program dated 28 December 2018 till 15 February 2019, the total invested consideration has been Euro 28,622,778.26 for No. 292,332 common shares purchased resulting in No. 6,295,175 common shares held in treasury as of 15 February 2019. As of the same date, the Company held 2.51% of the total issued share capital including the common shares and the special voting shares.

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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Distribution channels: Automotive Industry


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