CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has completed the fourth $50 million tranche (the “Fourth Tranche”) of its $300 million common share buyback program. The Company completed transactions in the period June 14, 2023 to June 19, 2023, reported in aggregate 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 €46,391,433.70 ($49,999,997.21) for a total amount of 3,678,065 common shares purchased.
Date | Number of common shares purchased | Average price per share excluding fees | Consideration excluding fees | Consideration (*) excluding fees |
(€) | (€) | ($) | ||
June 14, 2023 | 16,779 | 13.2339 | 222,051.61 | 240,015.58 |
June 15, 2023 | 186,000 | 13.3301 | 2,479,398.60 | 2,682,461.35 |
June 16, 2023 | 187,000 | 13.2958 | 2,486,314.60 | 2,726,492.59 |
June 19, 2023 | 116,187 | 13.2439 | 1,538,769.01 | 1,680,643.51 |
505,966 | - | 6,726,533.82 | 7,329,613.03 |
(*) 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 June 19, 2023, the Company held 28,712,318 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.
Basildon, June 23, 2023