Ahold Delhaize is now more than a third of the way through its proposed €1 billion share buyback programme, following the announcement that it has made a repurchase of 1,417,514 of common shares in the period from April 18 to April 21.
The shares were repurchased at an average price of €18.74 per share for a total consideration of €26.6 million, which brings the total value of shares repurchased under the programme to date to €338.2 million.
Ahold Delhaize has now repurchased a total of 16,988,21 common shares.
The share repurchases are being made as part of a €1 billion share buyback programme announced on December 7 last 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
