CNH Industrial: Periodic Report on the Buyback Program
October 26 2022 - 04:30PM
GlobeNewswire Inc.
London, October 26, 2022
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI)
announces that under a first tranche of its $50 million share
buyback (the “Tranche”) in the framework of its $300 million common
share buyback program, the Company completed transactions during
the period October 17 – October 21, reported in aggregate, based on
automatic orders placed with the Company’s broker (who has made its
trading decisions as to the timing of the purchases independently
of the Company and on the basis of instructions given before the
commencement of the Company’s closed period under the applicable
regulations) in the table set forth below. After the purchases
announced today and considering those previously executed under the
Tranche, the total invested amount is approximately €38,982,837.99
($38,178,618.03) for a total amount of 3,240,727 common shares
purchased.
Date |
Number of common shares purchased |
Average priceper
shareexcluding fees |
Considerationexcluding fees |
Consideration
(*)excluding fees |
|
|
(€) |
(€) |
($) |
October 17, 2022 |
200,000 |
12.5000 |
2,500,000.00 |
2,434,750.00 |
October 19, 2022 |
4,062 |
12.5933 |
51,153.98 |
50,018.37 |
October 20, 2022 |
150,989 |
12.5307 |
1,891,997.86 |
1,856,239.10 |
October 21, 2022 |
200,000 |
12.4520 |
2,490,400.00 |
2,423,159.20 |
|
555,051 |
- |
6,933,551.85 |
6,764,166.67 |
(*) 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 October 21, 2022, the Company held
19,455,390 common shares, net of the common shares already
delivered to fulfill its obligations arising from equity incentive
plans.
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_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
IH and New Holland Agriculture supply
360° agriculture applications from machines to implements and the
digital technologies that enhance them; and CASE
and New Holland Construction Equipment deliver 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 of mini 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 37,000+
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
- 20221026_PR_CNH_Industrial_Buyback_Periodic_Report
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