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LONDON, Mar 12, 2018 - (ACN Newswire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that, under the common share buy-back program announced on June 5, 2017, the Company has completed on the Italian Stock Exchange (M.T.A.) the transactions reported in aggregate as follows:
Date; Number of common shares purchased; Average price per share including fees (EUR); Consideration including fees (EUR); Consideration (*) including fees ($) March 1, 2018; 357,189; 10.9891; 3,925,184.12; 4,777,341.59 March 2, 2018; 813,900; 10.5952; 8,623,415.05; 10,617,148.61 March 5, 2018; 426,174; 10.5369; 4,490,535.82; 5,526,502.43 March 6, 2018; 832,000; 10.9075; 9,075,016.09; 11,263,002.47 March 7, 2018; 779,075; 10.7875; 8,404,299.06; 10,435,618.14 March 8, 2018; 699,398; 10.8580; 7,594,033.00; 9,432,548.39 Total; 3,907,736; - ; 42,112,483.14; 52,052,161.63
Details of such transactions are provided in attachment. After the purchases announced today and considering those previously executed under the program, the total invested amount is approximately EUR86.04 million ($103.55 million(*)) for a total amount of 8,228,858 common shares purchased.
As of March 9, 2018 the Company held 5,003,175 common shares, net of the common shares already delivered to fulfill its obligations arising from equity incentive plans.
A comprehensive overview of the transactions carried out under the share buy-back program is available on the Company's corporate website (www.cnhindustrial.com).
(*) translated at the exchange rate reported by the European Central Bank on the date of each purchase
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com
Contacts: Investor Relations CNH Industrial investor.relations@cnhind.com
Corporate Communications CNH Industrial mediarelations@cnhind.com
20180312_PR_CNH_Industrial_Buyback_periodic_report: http://hugin.info/163950/R/2175387/839081.pdf
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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: CNH Industrial N.V. via Globenewswire
Topic: Press release summary
Source: CNH Industrial N.V.
http://www.acnnewswire.com
From the Asia Corporate News Network
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