{"id":787392,"date":"2023-10-02T11:35:40","date_gmt":"2023-10-02T15:35:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrari-n-v-periodic-report-on-the-buyback-program-82\/"},"modified":"2023-10-02T11:35:40","modified_gmt":"2023-10-02T15:35:40","slug":"ferrari-n-v-periodic-report-on-the-buyback-program-82","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrari-n-v-periodic-report-on-the-buyback-program-82\/","title":{"rendered":"Ferrari N.V.: Periodic Report on the Buyback Program"},"content":{"rendered":"
\n

\n Maranello<\/strong>
\n (Italy), <\/strong>
\n October<\/strong>
\n 2<\/strong>
\n ,<\/strong>
\n 202<\/strong>
\n 3<\/strong> \u2013 Ferrari N.V. (NYSE\/EXM: RACE) (\u201cFerrari<\/strong>\u201d or the \u201cCompany<\/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 \u201cThir<\/strong>d<\/strong> Tranche<\/strong>\u201d), the additional common shares – reported in aggregate form, on a daily basis – on the Euronext Milan (EXM) as follows:<\/p>\n\n\n\n\n\n\n\n\n
\n

Trading<\/strong>
\n
\n Date<\/strong>
\n
\n (<\/strong>
\n dd<\/strong>
\n \/mm\/<\/strong>
\n yyyy<\/strong>
\n )<\/strong><\/p>\n<\/td>\n

\n

Stock Exchange<\/strong><\/p>\n<\/td>\n

\n

Number of common shares purchased<\/strong><\/p>\n<\/td>\n

\n

Average price per share<\/strong>
\n
\n
\n excluding fees<\/em>
\n <\/strong>
\n
\n (\u20ac)<\/strong><\/p>\n<\/td>\n

\n

Consideration <\/strong>
\n
\n excluding fees<\/em>
\n <\/strong><\/p>\n

(\u20ac)<\/strong><\/p>\n<\/td>\n<\/tr>\n

25\/09\/2023<\/td>\nEXM<\/td>\n13,042<\/td>\n270.5857<\/td>\n3,528,978.70<\/td>\n<\/tr>\n
26\/09\/2023<\/td>\nEXM<\/td>\n9,175<\/td>\n272.4689<\/td>\n2,499,902.30<\/td>\n<\/tr>\n
27\/09\/2023<\/td>\nEXM<\/td>\n7,629<\/td>\n273.6379<\/td>\n2,087,583.90<\/td>\n<\/tr>\n
28\/09\/2023<\/td>\nEXM<\/td>\n5,889<\/td>\n274.7363<\/td>\n1,617,922.20<\/td>\n<\/tr>\n
29\/09\/2023<\/td>\nEXM<\/td>\n17,296<\/td>\n282.9647<\/td>\n4,894,157.50<\/td>\n<\/tr>\n
\n

Total<\/strong><\/p>\n<\/td>\n

\n

–<\/td>\n

\n 53,031<\/strong>\n <\/td>\n\n 275.8489<\/strong>\n <\/td>\n\n 14,628,544.60<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

(*) translated at the European Central Bank EUR\/USD exchange reference rate as of the date of each purchase<\/p>\n

Since the announcement of such Third Tranche till September 29, 2023, the total invested consideration has been:<\/p>\n