CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under the third $50 million tranche (the “Third Tranche”) of its $300 million common share buyback program, the Company completed transactions in the period April 17, 2023 to April 21, 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 €45,354,455.83 ($49,125,093.69) for a total amount of 3,393,237 common shares purchased.
Date | Number of common shares purchased | Average price per share excluding fees | Consideration excluding fees | Consideration (**) excluding fees |
(€) | (€) | ($) | ||
April 17, 2023 | 142,344 | 13.3731 | 1,903,580.55 | 2,090,321.80 |
April 18, 2023 | 58,493 | 13.3992 | 783,759.41 | 859,940.82 |
April 19, 2023 | 186,000 | 13.3690 | 2,486,634.00 | 2,718,636.95 |
April 20, 2023 | 187,000 | 13.2673 | 2,480,985.10 | 2,715,190.09 |
April 21, 2023 | 188,000 | 13.1362 | 2,469,605.60 | 2,711,133.03 |
761,837 | - | 10,124,564.66 | 11,095,222.69 |
As of April 21, 2023, the Company held 26,587,446 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, April 26, 2023