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Between 22 and 26 May Ferrari purchased 47,110 shares, in aggregate form on Euronext Milan and on the New York Stock Exchange, for a total value of 12,660,575 euros.
The purchases took place as part of the treasury share buyback program of 200 million euro announced on 1 December 2022, as the second tranche of the multi-year treasury share buyback program of approximately 2 billion euro to be completed by 2026.
As of May 26, 2023, the Company held 12,498,720 ordinary treasury shares equal to 4.86% of the total issued share capital including ordinary shares and special shares and net of shares assigned pursuant to the Company’s share incentive plan.