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Ahold Delhaize Announces Further Share Buyback

Published on May 23 2017 9:13 AM in Retail tagged: Trending Posts / Netherlands / Ahold Delhaize / Share Buyback

Ahold Delhaize Announces Further Share Buyback

Ahold Delhaize has announced a further share buyback, as part of a €1 billion share buyback programme announced in December of last year.

The group repurchased 608,516 Ahold Delhaize common shares in the period from May 15, 2017 up to and including May 19, 2017.

The shares were repurchased at an average price of €19.98 per share, for a total consideration of €12.2 million.

‘The total number of shares repurchased under this program to date is 19,599,761 common shares for a total consideration of €388.7 million,’ Ahold Delhaize said in a statement.

© 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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