Ahold Delhaize Announces Further Share Buyback
Dutch retail group Ahold Delhaize has announced that it repurchased 1,576,078 of Ahold Delhaize common shares in the period from 7 August, 2017 up to and including 11 August, 2017.
The shares were repurchased at an average price of €17.32 per share for a total consideration of €27.3 million.
The repurchases were made as part of the €1 billion share buyback programme that was announced on 7 December last year.
The total number of shares repurchased under this program to date is 37,105,524 common shares for a total consideration of €702 million. The company expects to complete the programme by the end of 2017.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Larissa Zimmer. Click subscribe to sign up to ESM: The European Supermarket Magazine.