CNH Industrial: Periodic Report on $1 Billion Buyback Program
30 December 2023 - 8:30AM
CNH Industrial: Periodic Report on $1 Billion Buyback Program
CNH Industrial: Periodic Report on $1 Billion Buyback
Program
Basildon, December 29, 2023
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI)
announces the conclusion of the €400 million component (the “First
Component”) of its $1 billion share buyback program. The Company
completed transactions in the period December 18, 2023 through
December 29, 2023, reported in aggregate, as set forth in the table
below. After the purchases announced today and considering those
previously executed under the First Component, the total invested
amount in the First Component is approximately €389,133,049.72
($423,804,057.13) or a total amount of 39,171,237 common shares
purchased.
Date |
Number of common shares purchased |
Average priceper
shareexcluding fees |
Considerationexcluding fees |
Consideration
(*)excluding fees |
|
|
(€) |
(€) |
($) |
December 18, 2023 |
877,153 |
10.4953 |
9,205,983.88 |
10,051,093.20 |
December 19, 2023 |
930,605 |
10.6276 |
9,890,097.70 |
10,841,525.10 |
December 20, 2023 |
1,002,704 |
10.8167 |
10,845,948.36 |
11,869,805.88 |
December 21, 2023 |
2,000,000 |
10.7669 |
21,533,800.00 |
23,650,572.54 |
December 22, 2023 |
1,743,811 |
10.7790 |
18,831,414.99 |
20,757,868.74 |
December 27, 2023 |
1,662,204 |
10.8578 |
18,047,878.59 |
19,969,977.66 |
December 28, 2023 |
1,439,276 |
10.9079 |
15,699,478.68 |
17,448,400.61 |
December 29, 2023 |
1,276,097 |
11.0619 |
14,116,057.40 |
15,598,243.43 |
|
10,931,850 |
- |
118,170,659.60 |
130,187,487.16 |
(*) 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 December 29, 2023, the Company held
76,177,984 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.
CNH Industrial (NYSE: CNHI /
MI: CNHI) is a world-class equipment and services company. Driven
by its purpose of Breaking New Ground, which centers on Innovation,
Sustainability and Productivity, the Company provides the strategic
direction, R&D capabilities, and investments that enable the
success of its global and regional Brands. Globally, Case
IH and New Holland Agriculture supply
360° agriculture applications from machines to implements and the
digital technologies that enhance them; and CASE
and New Holland Construction Equipment deliver a
full lineup of construction products that make the industry more
productive. The Company’s regionally focused Brands include:
STEYR, for agricultural tractors;
Raven, a leader in digital agriculture, precision
technology and the development of autonomous systems;
Hemisphere, a leading designer and manufacturer of
high-precision satellite-based positioning and heading
technologies; Flexi-Coil, specializing in tillage
and seeding systems; Miller, manufacturing
application equipment; Kongskilde, providing
tillage, seeding and hay & forage implements; and
Eurocomach, producing a wide range of mini and
midi excavators for the construction sector, including electric
solutions.
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 40,000+
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.com
For news from CNH Industrial and its Brands
visit: media.cnhindustrial.com
Contacts:
Media RelationsEmail:
mediarelations@cnhind.com
Investor RelationsEmail:
investor.relations@cnhind.com
- 20231229_PR_CNH_Industrial_Buyback_Periodic_Report
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