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.
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