Ahold Delhaize has announced that it has now purchased a total of 5,946,507 common shares for a total consideration of €118.0 million, as part of a €1 billion share buyback programme announced last December.
The retailer issued a statement saying that it purchased 1,139,241 of Ahold Delhaize common shares in the period from February 6, 2017 up to and including February 10, 2017.
‘The shares were repurchased at an average price of €20.02 per share for a total consideration of € 22.8 million,’ the retailer said.
In January, Ahold Delhaize announced a sales increase of 2.8% in the fourth quarter of its financial year.
© 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
