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CNH Industrial completes Voluntary Delisting of Shares from Euronext Milan and begins Single Listing on the New York Stock Exchange

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CNH Industrial Europe, America
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Redesigned CNH Logo 2024


  • CNH Industrial N.V. has completed the voluntary delisting of its shares from Euronext Milan, consolidating its presence on the New York Stock Exchange (NYSE) as its sole listing venue.

  • CEO Scott W. Wine highlights the delisting as part of CNH's simplification journey, emphasizing the company's transformation into a more customer-focused, efficient, and profitable entity.

  • The decision to delist from Euronext Milan was based on a review of trading volumes and the costs and resources associated with maintaining dual listings, with the majority of trading having shifted to the NYSE.

  • CNH Industrial anticipates increased liquidity and investor focus as a result of concentrating its stock trading exclusively on the NYSE.

  • The company expresses gratitude to Euronext Milan for over a decade of partnership and looks forward to its ongoing presence and growth on the NYSE.

  • Goldman Sachs & Co. LLC is serving as the financial advisor for CNH Industrial during this transition.

CNH Industrial N.V. (NYSE: CNHI) announces that it 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 our 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.

Source: CNH Industrial N.V.