CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under a first tranche of its $50 million share buyback (the “Tranche”) in the framework of its $300 million common share buyback program, the Company completed transactions during the period October 17 – October 21, 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) in the table set forth below. After the purchases announced today and considering those previously executed under the Tranche, the total invested amount is approximately €38,982,837.99 ($38,178,618.03) for a total amount of 3,240,727 common shares purchased.
Date | Number of common shares purchased | Average price per share excluding fees | Consideration excluding fees | Consideration (*) excluding fees |
(€) | (€) | ($) | ||
October 17, 2022 | 200,000 | 12.5000 | 2,500,000.00 | 2,434,750.00 |
October 19, 2022 | 4,062 | 12.5933 | 51,153.98 | 50,018.37 |
October 20, 2022 | 150,989 | 12.5307 | 1,891,997.86 | 1,856,239.10 |
October 21, 2022 | 200,000 | 12.4520 | 2,490,400.00 | 2,423,159.20 |
555,051 | - | 6,933,551.85 | 6,764,166.67 |
(*) 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 21, 2022, the Company held 19,455,390 common shares, net of the common shares already delivered to fulfill its obligations arising from equity incentive plans.
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_Buyback.
London, October 26, 2022