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Ahold Delhaize Announces Share Buyback Update

Published on Jul 11 2017 10:28 AM in Retail tagged: Netherlands / Ahold Delhaize / Share Buyback

Ahold Delhaize Announces Share Buyback Update

Ahold Delhaize has issued its latest share buyback update, with the retailer having repurchased 1,638,156 of Ahold Delhaize common shares in the period from July 3, 2017 up to and including July 7, 2017.

The shares were repurchased at an average price of €16.67 per share, for a total consideration of €27.3 million, the retailer said. The repurchases were made as part of Ahold Delhaize's €1 billion share buyback program announced on December 7 of last year.

The total number of shares repurchased under this program to date is 29,207,562 common shares for a total consideration of €566 million, Ahold Delhaize said in a statement.

In addition, Ahold Delhaize announced yesterday that its second quarter results will be published on Wednesday August 9th.

© 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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