Le Lézard
Classified in: Transportation
Subject: MISCELLANEOUS

CNH Industrial: Periodic Report on $300 Million Buyback Program


Basildon, November 1, 2023

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under the sixth $50 million tranche (the "Sixth Tranche") of its $300 million share buyback program the Company completed transactions in the period October 23, 2023 through October 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.   After the purchases announced today and considering those previously executed under the Sixth Tranche, the total invested amount in the Sixth Tranche is approximately ?42,231,556.73 ($45,200,303.73) or a total amount of 3,649,212 common shares purchased.

Date Number of common shares purchased Average price
per share
excluding fees
Consideration
excluding fees
Consideration (*)
excluding fees
    (?) (?) ($)
October 23, 2023 70,212 10.4487 733,624.12 777,421.48
October 24, 2023 237,000 10.3654 2,456,599.80 2,611,856.91
October 25, 2023 17,362 10.3892 180,377.29 190,767.02
October 26, 2023 128,036 10.4793 1,341,727.65 1,414,180.95
October 27, 2023 237,000 10.4165 2,468,710.50 2,602,267.74
  689,610 - 7,181,039.37 7,596,494.10

(*) 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 27, 2023, the Company held 35,794,598 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; 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 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 Relations
Email: [email protected]

Investor Relations
Email: [email protected]

 

Attachment



These press releases may also interest you

at 00:03
Stertil-Koni, the leading provider of heavy-duty vehicle lifts in North America, including bus lifts and truck lifts, today announced that Brett Delp has joined the company as National Account Manager. Delp brings more than 13 years of...

4 mar 2024
Heybike, a leading manufacturer specializing in making and selling high-quality electric bikes, will soon announce a new e-bike model called Hero. It is a carbon fiber e-bike with a powerful 750W mid-drive motor and full suspension system. Before its...

4 mar 2024
The "Vacuum Truck Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering. The future of the global vacuum truck market looks promising with opportunities in the industrial,...

4 mar 2024
The "Global Commercial Aviation Turbofan Engines Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering. The Global...

4 mar 2024
Today, Heather Boushey, the Chief Economist for the Invest in America Cabinet at the White House, met with executives and staff at Z?m, the leader in modern student transportation....

4 mar 2024
AGCO, Your Agriculture Company , a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Morgan Stanley Technology, Media & Telecom...



News published on and distributed by: