All the news
04 MarPress Releases, Corporate and Financial

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

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

 

Maranello (Italy), March 4, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth 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 “Fourth Tranche”), the additional 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:




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


Since the announcement of such Fourth Tranche till March 1, 2024, the total invested consideration has been:

As of March 1, 2024, the Company held in treasury No. 13,741,786 common shares equal to 5.35% 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.




Share
All the news

Related News

28 OctPress Releases, Corporate and Financial

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

23 OctPress Releases, Corporate and Financial

Ferrari and Shell renew their partnership

21 OctPress Releases, Corporate and Financial

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