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

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
(€)
05/03/2019 MTA 7,349 115.1480 846,222.65
06/03/2019 MTA 9,567 114.9497 1,099,723.78
07/03/2019 MTA 15,526 114.0783 1,771,179.69
08/03/2019 MTA 10,493 113.4885 1,190,834.83
Total - 42,935 - 4,907,960.95

Since the announcement of the buyback program dated 28 December 2018 till 8 March 2019, the total invested consideration has been Euro 41,127,059.46 for No. 403,292 common shares purchased resulting in No. 6,406,135 common shares held in treasury as of  8 March 2019. As of the same date, the Company held 2.56% 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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