Maranello (Italy), December 16, 2024 - Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari” or the "Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth 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 "Sixth Tranche”), the following common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
| EXM | NYSE | Total | ||||||||
| Trading | Number of common shares purchased
| Average price per share | Consideration excluding fees | Number of common shares purchased | Average price per share | Consideration excluding fees | Consideration excluding fees | Number of common shares purchased | Average price per share | Consideration excluding fees |
| Date | excluding fees | excluding fees | excluding fees | |||||||
| (d/m/y) | (€) | (€) | ($) | ($) | (€)* | (€)* | (€)* | |||
| 06/12/2024 | 18,786 | 427.0792 | 8,023,109.40 | - | - | - | - | 18,786 | 427.0792 | 8,023,109.40 |
| 09/12/2024 | 19,123 | 429.1484 | 8,206,604.40 | - | - | - | - | 19,123 | 429.1484 | 8,206,604.40 |
| 12/12/2024 | 25 | 428.1440 | 10,703.60 | 5,513 | 453.4468 | 2,499,852.21 | 2,382,854.07 | 5,538 | 432.2062 | 2,393,557.67 |
| 13/12/2024 | 8,046 | 435.1824 | 3,501,477.60 | - | - | - | - | 8,046 | 435.1824 | 3,501,477.60 |
| 45,980
| 429.3583 | 19,741,895.00
| 5,513 | 453.4468 | 2,499,852.21
| 2,382,854.07 | 51,493
| 429.6652 | 22,124,749.07 | |
| Total | ||||||||||
Since the announcement of such Sixth Tranche till December 13, 2024, the total invested consideration has been:
- Euro 19,741,895.00 for No. 45,980 common shares purchased on the EXM
- USD 2,499,852.21 (Euro 2,382,854.07*) for No. 5,513 common shares purchased on the NYSE.
Since the start of the multi-year share buyback program of approximately Euro 2 billion announced during the 2022 Capital Markets Day, on July 1, 2022, until December 13, 2024, the Company has purchased a total of 3,997,137 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 1,194,861,205.11.
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 (https://www.ferrari.com/en-EN/corporate/buyback-programs).
For further information:
Media Relations
tel.: +39 0536 949337
Email: media@ferrari.com
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