{"id":781733,"date":"2023-09-04T10:56:54","date_gmt":"2023-09-04T14:56:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrari-n-v-periodic-report-on-the-buyback-program-78\/"},"modified":"2023-09-04T10:56:54","modified_gmt":"2023-09-04T14:56:54","slug":"ferrari-n-v-periodic-report-on-the-buyback-program-78","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrari-n-v-periodic-report-on-the-buyback-program-78\/","title":{"rendered":"Ferrari N.V.: Periodic Report on the Buyback Program"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">\n        <strong>Maranello (Italy), <\/strong><br \/>\n        <strong>September 4<\/strong><br \/>\n        <strong>,<\/strong><br \/>\n        <strong>202<\/strong><br \/>\n        <strong>3<\/strong> \u2013 Ferrari N.V. (NYSE\/EXM: RACE) (\u201c<strong>Ferrari<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the \u201c<strong>Thir<\/strong><strong>d<\/strong><strong> Tranche<\/strong>\u201d), the additional common shares &#8211; reported in aggregate form, on a daily basis &#8211; on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>EXM<\/strong>\n          <\/td>\n<td colspan=\"4\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>NYSE<\/strong>\n          <\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Total<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Trading<\/strong>\n          <\/td>\n<td rowspan=\"4\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Number of common shares purchased<\/strong><\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Average<\/strong><br \/>\n            <strong>price<\/strong><br \/>\n            <strong> per share<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Consideration<\/strong><br \/>\n            <strong><br \/>\n              <em>excluding<\/em><br \/>\n            <\/strong><br \/>\n            <strong><br \/>\n              <em>fees<\/em><br \/>\n            <\/strong>\n          <\/td>\n<td rowspan=\"4\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Number of common shares purchased<\/strong><\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Average<\/strong><br \/>\n            <strong>price<\/strong><br \/>\n            <strong> per share<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Consideration<\/strong><br \/>\n            <strong><br \/>\n              <em>excluding<\/em><br \/>\n            <\/strong><br \/>\n            <strong><br \/>\n              <em>fees<\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Consideration<\/strong><br \/>\n            <strong><br \/>\n              <em>excluding<\/em><br \/>\n            <\/strong><br \/>\n            <strong><br \/>\n              <em>fees<\/em><br \/>\n            <\/strong>\n          <\/td>\n<td rowspan=\"4\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Number of common shares purchased<\/strong><\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Average<\/strong><br \/>\n            <strong>price<\/strong><br \/>\n            <strong> per share<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Consideration<\/strong><br \/>\n            <strong><br \/>\n              <em>excluding<\/em><br \/>\n            <\/strong><br \/>\n            <strong><br \/>\n              <em>fees<\/em><br \/>\n            <\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Date<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong><br \/>\n              <em>excluding<\/em><br \/>\n            <\/strong><br \/>\n            <strong><br \/>\n              <em>fees<\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong><br \/>\n              <em>excluding<\/em><br \/>\n            <\/strong><br \/>\n            <strong><br \/>\n              <em>fees<\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong><br \/>\n              <em>excluding<\/em><br \/>\n            <\/strong><br \/>\n            <strong><br \/>\n              <em>fees<\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>(d\/m\/y)<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>(\u20ac)<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>(\u20ac)<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>($)<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>($)<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>(\u20ac)*<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>(\u20ac)*<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>(\u20ac)*<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">29\/08\/2023<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">3,019<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">289.6969<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">874,595.00<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">&#8211;<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">&#8211;<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">&#8211;<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">&#8211;<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">3,019<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">289.6969<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">874,595.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">30\/08\/2023<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">10,152<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">293.3786<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">2,978,379.10<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">&#8211;<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">&#8211;<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">&#8211;<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">&#8211;<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">10,152<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">293.3786<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">2,978,379.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">31\/08\/2023<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">3,950<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">294.2079<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">1,162,121.40<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">12,565<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">318.3288<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">3,999,801.37<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">3,680,347.23<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">16,515<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">293.2164<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">4,842,468.63<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">01\/09\/2023<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">30,124<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">286.9979<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">8,645,525.70<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">14,632<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">307.5417<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">4,499,950.15<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">4,149,714.27<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">44,756<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">285.8888<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">12,795,239.97<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>47,245<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>289.1443<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>13,660,621.20<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>27,197<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>312.5253<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>8,499,751.53<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>7,830,061.50<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>74,442<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>288.6903<\/strong><\/p>\n<\/td>\n<td rowspan=\"3\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>21,490,682.70<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Total<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">(*) translated at the European Central Bank EUR\/USD exchange reference rate as of the date of each purchase<\/p>\n<p align=\"justify\">Since the announcement of such Third Tranche till September 1, 2023, the total invested consideration has been:<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Euro 72,217,995.70 for No. 249,579 common shares purchased on the EXM;<\/li>\n<li style=\"text-align:justify\">USD 42,043,201.50 (Euro 38,280,232.56*) for No. 131,920 common shares purchased on the NYSE.<\/li>\n<\/ul>\n<p align=\"justify\">As of September 1, 2023, the Company held in treasury No. 12,937,605 common shares equal to 5.04% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company\u2019s equity incentive plan.<\/p>\n<p align=\"justify\">Since July 1, 2022 until September 1, 2023, the Company has purchased a total of 2,013,147 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 469,695,483.78.<\/p>\n<p align=\"justify\">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\u2019s corporate website under the Buyback Programs section (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1WyAfbTIBn8-qcWZbEhJx5MKIGuWj3jki_l4kLrwE-qaZKYuFcZ77ObSGimLdJAZRCNCL9ciMyH82Tv0HilXiBJl7i2BJpTgL5grBIbB2euE0IrJV5w2be39uOjIHhHK-If4QBVVcaUS5LGbxaszgHHNmK3vu3r_9kHQdLqJXCRXGz9oSJialUYGhAeGYV1s\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.ferrari.com\/en-EN\/corporate\/buyback-programs<\/a>).<\/p>\n<p>For further information:<br \/>Media Relations<br \/>tel.: +39 0536 949337<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2nKcIbcaI0-1cVP8aNPsCiyja70fV98_y0Ru94Cjqr3OQrIHlSkL38VQzk89_MH7sHsTP7dV5qmsjscPZWisYi-FJxhR4UWyxhJeUbjV75c=\" rel=\"nofollow noopener\" target=\"_blank\">media@ferrari.com<\/a><\/p>\n<p \/>\n<p id=\"gnw_attachments_section-header\">\n        <strong>Attachment<\/strong>\n      <\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n          <a target=\"_blank\" href=\"https:\/\/ml-eu.globenewswire.com\/Resource\/Download\/beabb1b9-e8a9-4b12-b6e4-f14a09b990bd\" rel=\"noopener\">FNV BB PR 04 September 2023 ENG<\/a>\n        <\/li>\n<\/ul>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgzNzkxMyM0MDE2MDQ1NTYjMjAxOTkyMQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/ZWExNzBkMzgtZjVlNy00ZjU2LThhNzQtN2NmM2FjMjA5ZTQxLTEwMzE0OTM=\/tiny\/Ferrari-N-V-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Maranello (Italy), September 4 , 202 3 \u2013 Ferrari N.V. (NYSE\/EXM: RACE) (\u201cFerrari\u201d or the \u201cCompany\u201d) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the \u201cThird Tranche\u201d), the additional common shares &#8211; reported in aggregate form, on a daily basis &#8211; on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows: \u00a0 EXM NYSE Total Trading Number of common shares purchased Average price per share Consideration excluding fees Number of common &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ferrari-n-v-periodic-report-on-the-buyback-program-78\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ferrari N.V.: Periodic Report on the Buyback Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-781733","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ferrari N.V.: Periodic Report on the Buyback Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ferrari-n-v-periodic-report-on-the-buyback-program-78\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ferrari N.V.: Periodic Report on the Buyback Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Maranello (Italy), September 4 , 202 3 \u2013 Ferrari N.V. (NYSE\/EXM: RACE) (\u201cFerrari\u201d or the \u201cCompany\u201d) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the \u201cThird Tranche\u201d), the additional common shares &#8211; reported in aggregate form, on a daily basis &#8211; on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows: \u00a0 EXM NYSE Total Trading Number of common shares purchased Average price per share Consideration excluding fees Number of common &hellip; Continue reading &quot;Ferrari N.V.: Periodic Report on the Buyback Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ferrari-n-v-periodic-report-on-the-buyback-program-78\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-04T14:56:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgzNzkxMyM0MDE2MDQ1NTYjMjAxOTkyMQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrari-n-v-periodic-report-on-the-buyback-program-78\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrari-n-v-periodic-report-on-the-buyback-program-78\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ferrari N.V.: Periodic Report on the Buyback Program\",\"datePublished\":\"2023-09-04T14:56:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrari-n-v-periodic-report-on-the-buyback-program-78\\\/\"},\"wordCount\":339,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrari-n-v-periodic-report-on-the-buyback-program-78\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMDgzNzkxMyM0MDE2MDQ1NTYjMjAxOTkyMQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrari-n-v-periodic-report-on-the-buyback-program-78\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrari-n-v-periodic-report-on-the-buyback-program-78\\\/\",\"name\":\"Ferrari N.V.: Periodic Report on the Buyback Program - 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