EX-99.1 2 fnvbb2832022prex.htm EX-99.1 Document



Exhibit 99.1


FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM



Maranello (Italy), March 28, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the sixth tranche of the common share buyback program announced on March 3, 2022 (“Sixth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

EXM
NYSE
Total
Trading


  Date


 (d/m/y)
Number of
 common
shares
purchased


Average
 price per
 share

excluding
fees

(€)



Consideration
excluding fees





(€)

Number of
 common
shares
 purchased


Average
price per
share

excluding
fees

($)



Consideration
excluding fees





($)



Consideration
excluding fees





(€)*

Number of
 common
 shares
purchased


Average
price per
share

excluding
fees

(€)*



Consideration
excluding fees





(€)*

21/03/20228,768189.20071,658,911.808,768189.20071,658,911.80
22/03/20223,364190.9389642,318.503,364190.9389642,318.50
23/03/202211,806191.03672,255,379.352,771208.2918577,176.58525,422.4614,577190.76642,780,801.81
24/03/20226,491191.29521,241,697.256,491191.29521,241,697.25
25/03/20227,594193.17301,466,955.607,594193.17301,466,955.60
Total38,023191.07557,265,262.502,771208.2918577,176.58525,422.4640,794190.97627,790,684.96


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


Since the announcement of the Sixth Tranche of the buyback program dated March 3, 2022 till March 25, 2022, the total invested consideration has been:
Euro 25,819,518.30 for No. 142,472 common shares purchased on the EXM
USD 9,990,538.84 (Euro 9,133,362.89*) for No. 52,571 common shares purchased on the NYSE.

As of March 25, 2022, the Company held in treasury No. 10,623,248 common shares equal to 4.13% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company’s equity incentive plan.

Since January 1, 2019 until March 25, 2022, the Company has purchased a total of 5,503,530 own common shares on EXM and NYSE, excluding transactions for Sell to Cover, for a total consideration of Euro 838,373,447.74.











Ferrari N.V.
Amsterdam, The Netherlands











Registered Office:
Via Abetone Inferiore N. 4,
I – 41053 Maranello (MO) Italy











Dutch trade registration number:
64060977
corporateweb.jpg







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).




For further information:
Media Relations
tel.: +39 0536 949337
Email: media@ferrari.com
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