Ahold Delhaize Posts Share Buyback Update
Dutch retail group Ahold Delhaize has announced that it repurchased 84,050 Ahold Delhaize common shares in the period from 16 to 20 October 2017.
These shares were repurchased at an average price of €15.90 per share, for a total consideration of €1.3 million.
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 47,016,867, for a total consideration of €859 million.
The company expects the share buyback programme 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.