0001648416-24-000127.txt : 20240617 0001648416-24-000127.hdr.sgml : 20240617 20240617123647 ACCESSION NUMBER: 0001648416-24-000127 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20240614 FILED AS OF DATE: 20240617 DATE AS OF CHANGE: 20240617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ferrari N.V. CENTRAL INDEX KEY: 0001648416 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37596 FILM NUMBER: 241047489 BUSINESS ADDRESS: STREET 1: VIA ABETONE INFERIORE N. 4 CITY: MARANELLO STATE: L6 ZIP: I-41053 BUSINESS PHONE: 00390536949111 MAIL ADDRESS: STREET 1: VIA ABETONE INFERIORE N. 4 CITY: MARANELLO STATE: L6 ZIP: I-41053 FORMER COMPANY: FORMER CONFORMED NAME: NEW BUSINESS NETHERLANDS N.V. DATE OF NAME CHANGE: 20150717 6-K 1 fnvbb17624prcov.htm 6-K Document



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________
FORM 6-K
_______________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2024
Commission File No. 001-37596
_______________________________
FERRARI N.V.
(Translation of Registrant’s Name Into English)

_______________________________
Via Abetone Inferiore n.4
I-41053 Maranello (MO)
Italy
Tel. No.: +39 0536 949111
(Address of Principal Executive Offices)
_______________________________

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F o
















    
The following exhibit is furnished herewith:
Exhibit 99.1    Press release issued by Ferrari N.V. dated June 17, 2024.







SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: June 17, 2024FERRARI N.V.
By:/s/ Antonio Picca Piccon
Name:Antonio Picca Piccon
Title:Chief Financial Officer




Index of Exhibits
Exhibit
Number    Description of Exhibit

99.1        Press release issued by Ferrari N.V. dated June 17, 2024.


EX-99.1 2 fnvbb17624prex.htm EX-99.1 Document




Exhibit 99.1

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


Maranello (Italy), June 17, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

EXM
NYSE
Total
Trading


  Date


 (d/m/y)
Number of
 common
shares
purchased


Average
 price per
 share

excluding
fees

(€)



Consideration
excluding fees




(€)

Number of
 common
shares
 purchased


Average
price per
share

excluding
fees

($)


Consideration
excluding fees





($)


Consideration
excluding fees





($)

Number of
 common
 shares
purchased


Average
price per
share

excluding
fees

(€)*



Consideration
excluding fees





(€)*

10/06/20243,842382.83251,470,842.477,251413.61612,999,130.342,788,332.4111,093383.95164,259,174.88
11/06/20243,872383.63451,485,432.787,295411.11272,999,067.152,795,029.9611,167383.31364,280,462.74
12/06/20243,802389.50921,480,913.983,802389.50921,480,913.98
13/06/20243,855387.86651,495,225.365,991417.21532,499,536.862,317,819.799,846387.26843,813,045.15
14/06/20243,918380.71631,491,646.463,918380.71631,491,646.46
Total19,289384.88577,424,061.0520,537413.77688,497,734.357,901,182.1639,826384.80515,325,243.21

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


Since the announcement of such Fourth Tranche till June 14, 2024, the total invested consideration has been:
Euro 238,088,203.10 for No. 670,642 common shares purchased on the EXM
USD 107,883,427.15 (Euro 99,353,509.99*) for No. 269,191 common shares purchased on the NYSE.

As of June 14, 2024, the Company held in treasury No. 14,133,410 common shares equal to 5.50% 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.














Ferrari N.V.
Amsterdam, The Netherlands











Registered Office:
Via Abetone Inferiore N. 4,
I – 41053 Maranello (MO) Italy











Dutch trade registration number:
64060977
corporateweb.jpg





Since the start of the multi-year share buyback program of approximately Euro 2 billion announced during the 2022 Capital Markets Day, on July 1, 2022, until June 14, 2024, the Company has purchased a total of 3,309,306 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 910,186,239.21.

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 (https://www.ferrari.com/en-EN/corporate/buyback-programs).



For further information:
Media Relations
tel.: +39 0536 949337
Email: media@ferrari.com
2
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