Ahold Delhaize Commences €2 Billion Share Buy-Back Programme
Dutch retail group Ahold Delhaize has announced that it is starting a €2 billion share buy-back programme, which it expects to be completed before the end of 2018.
Ahold Delhaize says that the purpose of the new programme is to reduce its capital by cancelling all or part of the common shares acquired by the group.
‘Maintaining a balanced approach between funding growth in key channels and returning excess liquidity to shareholders’ is part of the group’s financial framework.
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