Ahold Delhaize has announced a further share buyback, as part of its proposals to buy back €1 billion worth of shares.
In the period from April 24 up to and including April 28, Ahold Delhaize repurchased 696,584 of Ahold Delhaize common shares, at an average price of €18.90 per share.
The total consideration for the shares was €13.2 million.
This latest buyback brings the total number of shares repurchased under the program to date to 17,684,799 common shares for a total consideration of €351.4 million.
Ahold Delhaize announced its share buyback scheme last December.
© 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