Turin, 6th August 2024 – Iveco Group N.V. (EXM: IVG) has successfully completed the initial tranche of its common share buyback program, demonstrating its commitment to advancing a more sustainable society.
Under the program, which was announced on 21st June 2024, the company carried out a series of daily transactions from 29th July 2024 to 2nd August 2024. The total number of purchased common shares amounted to 635,000, with an average net price of 9.20 euros, resulting in a total net consideration of 35,847,881.88 euros.
Detailed information on the purchases made under the current share buyback program can be found on Iveco Group’s corporate website at https://www.ivecogroup.com/investors/stock_information/share_buyback.
Iveco Group N.V. is a home to unique people and brands that power businesses and contribute to a more sustainable society. The company comprises eight major brands, each excelling in its specific business area. IVECO, for instance, is a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks. FPT Industrial, on the other hand, is a global leader in advanced powertrain technologies for various sectors, including agriculture, construction, marine, power generation, and commercial vehicles.
Other brands within the Iveco Group include IVECO BUS and HEULIEZ, known for their mass-transit and premium bus and coach offerings, IDV for highly specialized defense and civil protection equipment, ASTRA for large-scale heavy-duty quarry and construction vehicles, MAGIRUS, a reputable manufacturer of firefighting vehicles and equipment, and IVECO CAPITAL, the financing arm that supports all the brands.
With over 36,000 employees worldwide, Iveco Group operates 20 industrial sites and 31 R&D centers, further solidifying its position as a global leader in the industry.
For media inquiries, please contact Francesco Polsinelli at +39 335 1776091 or via email at mediarelations@ivecogroup.com. For investor relations, Federico Donati can be reached at +39 011 0073539 or via email at investor.relations@ivecogroup.com.