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Ahold Delhaize Issues Update On Share Buyback Scheme

Published on Oct 17 2017 10:40 AM in Retail tagged: Ahold Delhaize / Dutch retail / Share Buyback

Ahold Delhaize Issues Update On Share Buyback Scheme

Dutch retail group Ahold Delhaize has announced that it repurchased 1,024,644 Ahold Delhaize common shares in the period from 9 to 13 October 2017.

The shares were repurchased at an average price of €15.72 per share for a total consideration of €16.1 million.

Buyback Scheme

These repurchases were made as part of the company's €1 billion share buyback scheme that was announced in December 2016.

The total number of shares repurchased under the programme to date is 46,932,817, for a total consideration of €857 million.

The company is now over three quarters of the way through this programme, which is expected to be completed by the end of this year.

© 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.

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