CNH Industrial’s first official day of trading as a pure player in the agriculture and construction equipment industries
03 January 2022 - 05:30PM
London, January 3, 2022
CNH Industrial (NYSE: CNHI / MI: CNHI)
officially commences 2022 trading on the New York Stock Exchange
(NYSE) in the United States and Borsa Italiana’s Euronext Milan in
Italy as a fully focused agriculture and construction player. As
the parent company to globally respected agriculture and
construction brands and the innovations and services that drive
them, CNH Industrial is committed to delivering value to its
shareholders and stakeholders.
This new beginning for the CNHI ticker is the
result of a long-planned strategic operation to separate CNH
Industrial’s ‘On’ and ‘Off’ Highway businesses. Since announcing
the spin off in 2019, management has worked to set up the new
organization and set out its long-term priorities. With the
delivery of this milestone, the Company looks forward to presenting
its future direction at its Capital Markets Day on February 22,
2022. Details on this event and live stream will be
forthcoming.
“Today we are excited to usher in the new CNH
Industrial, the result of detailed strategic planning, hard work
and boundless determination. I want to congratulate our entire
team, and our Senior Leadership Team in particular, for driving
this to completion and thank the Board of Directors for overseeing
this operation to its successful conclusion. As a pure player in
agriculture and construction, we will bring our undivided attention
to bear on supporting our customers and dealers. This involves
developing innovative products and processes to enhance
productivity; accelerate profitable growth; and spearhead our
ambitious ESG plans to ensure we act in full respect of people and
the planet,” said Scott W. Wine, Chief Executive Officer, CNH
Industrial. “I would also like to wish our former colleagues, and
now respected peers, in the newly-formed Iveco Group N.V. every
success as they commence independent operations and begin trading
on Borsa Italiana’s Euronext today.”
CNH Industrial (NYSE: CNHI /
MI: CNHI) is a world-class equipment and services company that
sustainably advances the noble work of agriculture and construction
workers. The Company provides the strategic direction, R&D
capabilities, and investments that enable the success of its five
core Brands: Case IH, New Holland Agriculture and STEYR, supplying
360° agriculture applications from machines to implements and the
digital technologies that enhance them; and CASE and New Holland
Construction Equipment delivering a full lineup of construction
products that make the industry more productive. Across a history
spanning over two centuries, CNH Industrial has always been a
pioneer in its sectors and continues to passionately innovate and
drive customer efficiency and success. As a truly global company,
CNH Industrial’s 35,000+ employees form part of a diverse and
inclusive workplace, focused on empowering customers to grow, and
build, a better world.
For more information and the latest financial
and sustainability reports visit: cnhindustrial.comFor news from
CNH Industrial and its Brands visit: media.cnhindustrial.com
Media
contact:
Rebecca Fabian CNH IndustrialTel. +1 312 515
2249Email: mediarelations@cnhind.com
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