CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has completed its sixth and final $50 million tranche (the “Sixth Tranche”) of its $300 million share buyback program. The Company completed transactions in the period October 30 through November 6, 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 €46,768,174.09 ($50,000,004.01) or a total amount of 4,089,301 common shares purchased.
Date | Number of common shares purchased | Average price per share excluding fees | Consideration excluding fees | Consideration (*) excluding fees |
(€) | (€) | ($) | ||
October 30, 2023 | 159,751 | 10.2417 | 1,636,121.82 | 1,735,107.19 |
October 31, 2023 | 3,153 | 10.1153 | 31,893.54 | 33,867.75 |
November 1, 2023 | 240,000 | 10.3023 | 2,472,552.00 | 2,605,328.04 |
November 6, 2023 | 37,185 | 10.6508 | 396,050.00 | 425,397.30 |
440,089 | - | 4,536,617.36 | 4,799,700.28 |
(*) 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 November 8, 2023, the Company held 36,234,687 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.
Basildon, November 8, 2023