CNH Industrial commences a first tranche of its $300 million share buyback program

September 19, 2022

https://www.globenewswire.com/news-release/2022/09/19/2517954/0/en/CNH-Industrial-commences-a-first-tranche-of-its-300-million-share-buyback-program.html

London, September 19, 2022

CNH Industrial N.V. (NYSE:CNHI / MI: CNHI) announces that it is launching a first tranche of $50 million share buyback (the “Tranche”) in the framework of its $300 million share buyback program previously announced on July 29, 2022 (the “Program”). Subject to market and general business conditions, the Program is intended to last until the earlier of the completion of the purchases up to $300 million or October 12, 2023. Funded by the Company’s liquidity, the Program is intended to optimize the capital structure of the Company and allow the Company to meet the obligations arising from the existing equity incentive plans.

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