CNH Industrial: Periodic Report on $300 Million Buyback Program
October 18 2023 - 3:30PM
CNH Industrial: Periodic Report on $300 Million Buyback Program
Basildon, October 18, 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 9, 2023 through
October 13, 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 €27,453,039.06 ($29,572,926.34) or a total
amount of 2,266,078 common shares purchased.
Date |
Number of common shares purchased |
Average priceper
shareexcluding fees |
Considerationexcluding fees |
Consideration
(*)excluding fees |
|
|
(€) |
(€) |
($) |
October 9, 2023 |
59,534 |
10.9983 |
654,772.79 |
689,541.23 |
October 11, 2023 |
129,000 |
11.4256 |
1,473,902.40 |
1,562,926.11 |
October 12, 2023 |
87,000 |
11.3508 |
987,519.60 |
1,048,647.06 |
October 13, 2023 |
29,723 |
11.2572 |
334,597.76 |
352,130.68 |
|
305,257 |
- |
3,450,792.55 |
3,653,245.08 |
(*) 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 13, 2023, the Company held
34,411,464 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 RelationsEmail:
mediarelations@cnhind.com
Investor RelationsEmail:
investor.relations@cnhind.com
- 20231018_PR_CNH_Industrial_Buyback_Periodic_Report
CNH Industrial NV (BIT:CNHI)
Historical Stock Chart
From Apr 2024 to May 2024
CNH Industrial NV (BIT:CNHI)
Historical Stock Chart
From May 2023 to May 2024