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Retail

Ahold Delhaize Announces Further Share Buyback

By Steve Wynne-Jones
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Ahold Delhaize Announces Further Share Buyback

Ahold Delhaize has announced a further share buyback, as part of its proposals to buy back €1 billion worth of shares.

In the period from April 24 up to and including April 28, Ahold Delhaize repurchased 696,584 of Ahold Delhaize common shares, at an average price of €18.90 per share.

The total consideration for the shares was €13.2 million.

This latest buyback brings the total number of shares repurchased under the program to date to 17,684,799 common shares for a total consideration of €351.4 million.

Ahold Delhaize announced its share buyback scheme last December.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine

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