EX-99.1 2 fnvbbpr2642021ex.htm EX-99.1

Document

Exhibit 99.1

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

Maranello (Italy), April 26, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:

Trading Date (dd/mm/yyyy)			Stock Exchange			Number of common shares purchased			Average price per share excluding fees (€)			Consideration  excluding fees (€)
19/04/2021			MTA			4,959			176.4949			875,238.21
20/04/2021			MTA			5,000			173.9633			869,816.50
21/04/2021			MTA			5,048			174.2433			879,580.18
22/04/2021			MTA			5,000			177.8225			889,112.50
23/04/2021			MTA			6,000			177.7179			1,066,307.40
Total			—			26,007			176.1085			4,580,054.79

Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till April 23, 2021, the total invested consideration has been:

• Euro 28,642,943.23 for No. 165,789 common shares purchased on the MTA.

• USD 2,829,445.63 (Euro 2,375,650.39*) for No. 13,558 common shares purchased on the NYSE

As of April 23, 2021, the Company held in treasury No. 9,091,858 common shares equal to 3.53% 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 April 23, 2021, the Company has purchased a total of 3,906,532 own common shares on MTA and NYSE for a total consideration of Euro 534,440,826.78.

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

Ferrari N.V. Amsterdam, The Netherlands Registered Office: Via Abetone Inferiore N. 4, I – 41053 Maranello (MO) Italy Dutch trade registration number: 64060977

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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