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CNH Industrial: Periodic Report on fourth $50 million tranche of $300 million Buyback Program

Published: 2023-06-07 20:30:00 ET
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London, June 7, 2023

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under the fourth $50 million tranche (the “Fourth Tranche”) of its $300 million common share buyback program, the Company completed transactions in the period May 29, 2023 to June 2, 2023, reported in aggregate as set forth in the table below. After the purchases announced today and considering those previously executed under the Fourth Tranche, the total invested amount is approximately €23,746,647.36 ($25,601,789.30) for a total amount of 1,900,536 common shares purchased.

DateNumber of common shares purchasedAverage priceper shareexcluding feesConsiderationexcluding fees Consideration (**)excluding fees
  (€)(€)($)
May 29, 2023201,00012.38522,489,425.202,667,419.10
May 30, 2023202,00012.30502,485,610.002,670,539.38
May 31, 2023204,00012.07242,462,769.602,630,976.76
June 1, 202355,80411.9401666,305.34712,746.82
June 2, 202399,71512.23061,219,574.281,312,627.80
 762,519-9,323,684.429,994,309.86

As of June 2, 2023, the Company held 26,934,789 common shares in Treasury. Details of the transactions described in the table above, including the regulated markets where the purchases were made, are available on the Company’s corporate website under the Buyback Programs section at the following address: bit.ly/CNHI_Buy_Back.

CNH Industrial(NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IHand New Holland Agriculturesupply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASEand New Holland Construction Equipmentdeliver a full lineup of construction products that make the industry more productive. The Company’s regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; Kongskilde, providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range ofmini and midi excavators for the construction sector, including electric solutions.

Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrial’s 40,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnhindustrial.com

For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

Contacts:

Media RelationsEmail: mediarelations@cnhind.com

Investor RelationsEmail: investor.relations@cnhind.com

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Source: CNH Industrial N.V.