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.
London, May 4, 2023