CNH Industrial: Periodic Report on $300 Million Buyback Program

Rhea-AI Summary

CNH Industrial N.V. completes transactions under its $50 million Fifth Tranche share buyback program, investing approximately €19,279,011.86 ($21,074,309.65) to purchase a total of 1,492,055 common shares. As of June 30, 2023, the company holds 30,046,699 common shares in Treasury.

Basildon, July 7, 2023

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under the fifth $50 million tranche (the “Fifth Tranche”) of its $300 million share buyback program the Company completed transactions in the period June 28, 2023 to June 29, 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 Fifth Tranche, the total invested amount is approximately €19,279,011.86 ($21,074,309.65) for a total amount of 1,492,055 common shares purchased.

Date	Number of common shares purchased	Average price per share excluding fees	Consideration excluding fees	Consideration (*) excluding fees
		(€)	(€)	($)
June 28, 2023	71,565	12.8413	918,987.63	1,005,188.67
June 29, 2023	157,674	12.8657	2,028,586.38	2,218,867.78
	229,239	-	2,947,574.01	3,224,056.45

(*) 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 30, 2023, the Company held 30,046,699 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; 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 Relations
Email: mediarelations@cnhind.com

Investor Relations
Email: investor.relations@cnhind.com

Attachment

• 20230707_PR_CNH_Industrial_Buyback_Periodic_Report

FAQ

What is the total amount invested under CNH Industrial's Fifth Tranche share buyback program?

The total invested amount is approximately €19,279,011.86 ($21,074,309.65).

How many common shares were purchased under the Fifth Tranche?

A total of 1,492,055 common shares were purchased.

How many common shares does CNH Industrial hold in Treasury?

As of June 30, 2023, the company holds 30,046,699 common shares in Treasury.

Where can I find details of the transactions and the regulated markets where the purchases were made?

Details of the transactions and the regulated markets can be found on CNH Industrial's corporate website under the Buyback Programs section at cnhindustrial.com/BuyBack.

What is CNH Industrial's purpose?

CNH Industrial's purpose is Breaking New Ground, focusing on Innovation, Sustainability, and Productivity.

What are some of CNH Industrial's global and regional Brands?

Some of CNH Industrial's global and regional Brands include Case IH, New Holland Agriculture, CASE, New Holland Construction Equipment, STEYR, Raven, Flexi-Coil, Miller, Kongskilde, and Eurocomach.

How many employees does CNH Industrial have?

CNH Industrial has over 40,000 employees.