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Ahold Delhaize Nears Completion Of Share Buyback Scheme

Published on Dec 12 2017 9:19 AM in Retail tagged: Trending Posts / Netherlands / Ahold Delhaize / Share Buyback

Ahold Delhaize Nears Completion Of Share Buyback Scheme

Ahold Delhaize has announced that it has now completed €950 million of a planned €1 billion share buyback scheme, with the repurchase of 831,088 of Ahold Delhaize common shares in the period from December 4, 2017 up to and including December 8, 2017.

The shares were repurchased at an average price of €18.55 per share, for a total consideration of €15.4 million.

These repurchases were made as part of the €1 billion share buyback programme which was announced in December of last year.

The total number of shares repurchased under this program to date is 52,460,063 common shares.

© 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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