London, May 4, 2023
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has completed the
third $50 million tranche (the “Third Tranche”) of its $300 million common share
buyback program. The Company completed transactions on April 24, 2023 and April
25, 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 €46,148,402.91 ($50,000,006.79) for a total
amount of 3,455,859 common shares purchased.
|
Date
|
Number of common shares purchased
|
Average price per share excluding fees (€)
|
Consideration excluding fees (€)
|
Consideration(*)excluding fees ($)
|
|
April 24, 2023
|
6,882
|
12.7400
|
87,676.68
|
96,461.88
|
|
April 25, 2023
|
55,740
|
12.6708
|
706,259.24
|
778,438.94
|
|
|
62,622
|
-
|
793,935.92
|
874,900.82
|
As of April 30, 2023, the Company held 26,650,068 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.