CNH Industrial has completed the voluntary delisting of its shares from Euronext Milan. Shares of CNH are now solely listed on the New York Stock Exchange (NYSE).

The single listing on the NYSE is the latest step in our ongoing simplification journey, which accelerated in 2022 as we became an agriculture and construction equipment pureplay,” said Scott W. Wine, Chief Executive Officer. “Considering this delisting and other initiatives enacted over the past two years, CNH is fundamentally a different company: more customer focused, more efficient, and more profitable. With this renewed foundation, we are enthusiastic about our future.”

As announced on February 2, 2023, CNH’s decision to delist was taken following a careful review of the relative trading volumes on the two exchanges as well as the costs and administrative resources required to maintain the listing on Euronext Milan. The majority of CNH stock trading has progressively shifted to the NYSE, indicating that the Company’s business profile and investor base fit better with a single US listing. Concentrating trading in one market should allow for increased liquidity and investor focus, while further simplifying the company profile and compliance requirements.

CNH’s Board of Directors and its Senior Leadership Team are grateful to Euronext Milan for having been their secondary listing venue for more than 10 years and are excited about the Company’s continued presence on the NYSE. Goldman Sachs & Co. LLC is acting as financial advisor to CNH.

Highlights

Dellorto two-track strategy

The two-track strategy allows the Dellorto group to extend and customise its expertise in EGR, throttle bodies, power units, BMS and batteries from motorbikes to off-highway applications with long-life requirements

Related articles

Bergen Engines first semester 2025

In the first semester s to 30 June 2025, the group posted a profit before tax (PBT) of €59.4 million on revenues of €596.6 million. This compares with €43.5 million for the same period last year on revenues of €523.1 million. At 30 June, consolidated net cash stood at €454.9 million (June 2024: €350...
News

Rolls-Royce is really focused on energy

Rolls-Royce sales increase by 20%, also because of the strong demand from the energy and public sector. In view of the increasing energy demand the Company signed an agreement for e-fuels with INERATEC
News