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CNH Industrial: Periodic Report on $1 Billion Buyback Program

Published: 2023-11-17 21:30:00 ET
<<<  go to CNHI company page

Basildon, November 17, 2023

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under the €400 million component of its $1 billion share buyback program the Company completed transactions in the period November 8, 2023 through November 10, 2023, reported in aggregate, as set forth in the table below.  

DateNumber of common shares purchasedAverage priceper shareexcluding feesConsiderationexcluding feesConsideration (*)excluding fees
    (€)(€)($)
November 8, 20231,298,000 9.6461 12,520,637.80 13,360,772.60
November 9, 2023970,000 9.6379 9,348,763.00 9,994,762.52
November 10, 20231,000,000 9.2811 9,281,100.00 9,914,999.13
  3,268,000- 31,150,500.8033,270,534.25

(*) All translations determined from Euro to US Dollar at the exchange rate reported by the European Central Bank on the date of each purchase

As of November 10, 2023, the Company held 39,502,687 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: cnhindustrial.com/BuyBack.

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; Hemisphere, a leading designer and manufacturer of high-precision satellite-based positioning and heading technologies; 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.