CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under the fourth $50 million tranche (the “Fourth Tranche”) of its $300 million common share buyback program, the Company completed transactions in the period May 22, 2023 to May 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 Fourth Tranche, the total invested amount is approximately €14,422,962.95 ($15,607,479.43) for a total amount of 1,138,017 common shares purchased.
Date | Number of common shares purchased | Average price per share excluding fees | Consideration excluding fees | Consideration (**) excluding fees |
(€) | (€) | ($) | ||
May 22, 2023 | 192,000 | 12.8757 | 2,472,134.40 | 2,675,343.85 |
May 24, 2023 | 191,000 | 12.6263 | 2,411,623.30 | 2,600,935.73 |
May 25, 2023 | 200,000 | 12.3467 | 2,469,340.00 | 2,650,836.49 |
583,000 | - | 7,353,097.70 | 7,927,116.07 |
(*) 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 May 26, 2023, the Company held 26,172,270 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 31, 2023