Ahold Delhaize Announces Share Buyback Update
Ahold Delhaize has issued its latest share buyback update, with the retailer announcing the repurchase of 1,578,173 of Ahold Delhaize common shares in the period from 24 July, 2017 up to and including 28 July, 2017.
The shares were repurchased at an average price of €17.30 per share and for a total consideration of €27.3 million. The repurchases were made as part of the retailer’s €1 billion share buyback programme, which was announced on 7 December 2016.
This is the 29th week of the share buyback programme.
The total number of shares repurchased under the programme to date is 33,965,160 common shares for a total consideration of €647 million.
© 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.