CNH Industrial: Periodic Report on $300 Million Buyback Program
June 29 2023 - 04:30PM
Basildon, June 29, 2023
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI)
announces that it has commenced the fifth $50 million tranche of
its $300 million share buyback program previously announced on July
29, 2022. The Company completed transactions June 20, 2023 through
June 27, 2023, reported in aggregate, based on automatic orders
placed with the Company’s broker (who has made its trading
decisions as to the timing of the purchases independently of the
Company and on the basis of instructions given before the
commencement of the Company’s closed period under the applicable
regulations) as set forth in the table below.
Date |
Number of common shares purchased |
Average priceper
shareexcluding fees |
Considerationexcluding fees |
Consideration
(*)excluding fees |
|
|
(€) |
(€) |
($) |
June 20, 2023 |
236,158 |
13.0724 |
3,087,151.84 |
3,375,183.11 |
June 21, 2023 |
58,886 |
13.0168 |
766,507.28 |
837,255.91 |
June 22, 2023 |
287,695 |
13.1567 |
3,785,116.81 |
4,157,950.81 |
June 23, 2023 |
305,000 |
12.9486 |
3,949,323.00 |
4,298,443.15 |
June 26, 2023 |
312,000 |
12.6362 |
3,942,494.40 |
4,304,415.39 |
June 27, 2023 |
63,077 |
12.6963 |
800,844.52 |
877,004.83 |
|
1,262,816 |
- |
16,331,437.85 |
17,850,253.20 |
(*) 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 June 27, 2023, the Company held 29,975,134
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
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 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
- 20230629_PR_CNH_Industrial_Buyback_Periodic_Report
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