Ferrari reported that it has purchased on Euronext Milan (EXM) and on the New York Stock Exchange (NYSE), from December 16 to 19, 2024, a total of 59,267 ordinary shares at an average unit price of 415.3768 euros, for an countervalue amounting to 24,618,138.72 euros.
These purchases took place as part of the 150 million euro share buyback program as the sixth tranche of the multi-year share buyback program of approximately 2 billion euros to be carried out by 2026.
From the beginning of this sixth tranche until December 19, 2024, the total consideration invested was:
- 36,273,257.40 euros for 85,740 ordinary shares purchased on the EXM
- 10,969,297.64 USD for no. 25,020 ordinary shares purchased on the NYSE
As of December 19, 2024, Ferrari held 14,879,168 ordinary treasury shares or 5.79% of the share capital.
From July 1, 2022 to Dec. 19, 2024, the Company repurchased a total of 4,056,404 treasury shares on the EXM and NYSE for a consideration of 1,219,479,343.84.$RACE (-0,23 %)
