On June 5, 2017 CNH Industrial announced the renewal of its share buyback program (the “Program”). Implementing the resolution adopted by the Shareholders’ Meeting held on April 14, 2017, the Program involved the repurchase from time to time of up to $300 million in the Company’s common shares and was intended to optimize the capital structure of the Company and to meet the obligations arising from the Company’s equity incentive plans. The Program had a duration up to and including October 13, 2018 and was funded by the Company’s liquidity.
The purchases were carried out on the Italian Stock Exchange (M.T.A.), in compliance with applicable rules and regulations.
The Program was replaced on April 27, 2018.
Details of the transactions completed are available in the chart below: