Ahold Delhaize Announces Further Share Buyback
Dutch retail group Ahold Delhaize has announced that it repurchased 1,600,922 of Ahold Delhaize common shares in the period from 26 June to 30 June 2017.
The shares were repurchased at an average price of €17.05 per share for a total consideration of €27.3 million.
These repurchases were made as part of the €1 billion share buyback programme that was announced in December 2016.
The total number of shares repurchased to date is 27,569,406, for a total consideration of €538 million. The company is now over half way through its proposed programme, which it expects to complete by the end of 2017.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.