On November 7, 2019 CNH Industrial announced the launch of its new share buyback program (the “Program”). Implementing the resolution adopted by the Shareholders’ Meeting held on April 12, 2019, the Program involves the repurchase from time to time of up to $700 million in the Company’s common shares and is intended to optimize the capital structure of the Company and to meet the obligations arising from the Company’s equity incentive plans. The Program has a duration up to and including October 11, 2020 and will be funded by the Company’s liquidity.
The purchases will be carried out on the Italian Stock Exchange (M.T.A.) and on multilateral trading facilities (MTFs), in compliance with applicable rules and regulations.
Details of the transactions will be periodically updated and made available in this section.