Ahold Delhaize Issues Latest Share Buyback Update
Dutch retailer Ahold Delhaize has released details of its latest share buyback, with the retailer repurchasing 317,866 of Ahold Delhaize common shares in the period from November 6 to 10.
The retailer said that the shares were repurchased at an average price of €16.62 per share for a total consideration of €5.3 million.
The total number of shares repurchased under the programme so far is 49,747,889 common shares for a total consideration of €903 million.
These repurchases form part of the €1 billion share buyback programme that was announced on December 7, 2016.
© 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.