CNH Industrial: Periodic Report on a third $50 million tranche of $300 million Buyback Program
26 April 2023 - 10:30PM
CNH Industrial: Periodic Report on a third $50 million tranche of
$300 million Buyback Program
London, April 26, 2023
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI)
announces that under the third $50 million tranche (the “Third
Tranche”) of its $300 million common share buyback program, the
Company completed transactions in the period April 17, 2023 to
April 21, 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. After the purchases
announced today and considering those previously executed under the
Third Tranche, the total invested amount is approximately
€45,354,455.83 ($49,125,093.69) for a total amount of 3,393,237
common shares purchased.
Date |
Number of common shares purchased |
Average priceper
shareexcluding fees |
Considerationexcluding fees |
Consideration
(**)excluding fees |
|
|
(€) |
(€) |
($) |
April 17, 2023 |
142,344 |
13.3731 |
1,903,580.55 |
2,090,321.80 |
April 18, 2023 |
58,493 |
13.3992 |
783,759.41 |
859,940.82 |
April 19, 2023 |
186,000 |
13.3690 |
2,486,634.00 |
2,718,636.95 |
April 20, 2023 |
187,000 |
13.2673 |
2,480,985.10 |
2,715,190.09 |
April 21, 2023 |
188,000 |
13.1362 |
2,469,605.60 |
2,711,133.03 |
|
761,837 |
- |
10,124,564.66 |
11,095,222.69 |
As of April 21, 2023, the Company held
26,587,446 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
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
- 20230426_PR_CNH_Industrial_Buyback_Periodic_Report
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