(Finance) – Ferrari communicated that he had purchased up on Euronext Milan (EXM) and on the New York Stock Exchange (NYSE), from 16 to 19 December 2024, a total of 59,267 ordinary shares at the average unit price of 415.3768 euros, for a countervalue equal 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 euro to be executed by 2026.
From the beginning of this sixth tranche until 19 December 2024 the total amount invested was:
• 36,273,257.40 Euros for no. 85,740 ordinary shares purchased on the EXM
• 10,969,297.64 USD per no. 25,020 shares of common stock purchased on the NYSE
As of 19 December 2024, Ferrari held 14,879,168 ordinary treasury shares equal to 5.79% of the share capital.
From July 1, 2022 to December 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.
In Piazza Affari, today, the performance of the Prancing horse from Maranellowhich closes with a percentage change of 0.68%.