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Ferrari (RACE)

Filed: 21 Jul 21, 7:12am


Exhibit 99.1



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





Maranello (Italy), July 20, 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

(€)

13/07/2021MTA1,020176.2938179,819.68
14/07/2021MTA7,000176.97831,238,848.10
15/07/2021MTA14,000174.94912,449,287.40
16/07/2021MTA6,928175.14221,213,385.16
19/07/2021MTA14,163172.73122,446,391.99
Total43,111174.61287,527,732.32

Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till July 19, 2021, the total invested consideration has been:
• Euro 96,823,593.99 for No. 564,547 common shares purchased on the MTA.
• USD 18,605,421.91 (Euro 15,510,209.15 *) for No. 91,026 common shares purchased on the NYSE

As of July 19, 2021, the Company held in treasury No. 9,568,084 common shares equal to 3.72% 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 July 19, 2021, the Company has purchased a total of 4,382,758 own common shares on MTA and NYSE for a total consideration of Euro 615,756,036.32.

(*) 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
corporateweba.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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