Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize has repurchased 250,000 common shares for €7.5 million as part of its ongoing €1 billion share buyback program. This brings the total repurchased shares to 25.7 million, with a cumulative spend of €720.5 million. The buyback program, initiated in November 2023, is aimed at enhancing shareholder value.

(PRESS RELEASE) ZAANDAM, 27-Aug-2024 — /EuropaWire/ — Ahold Delhaize has continued its €1 billion share buyback initiative by repurchasing an additional 250,000 common shares between August 19 and August 23, 2024. The shares were acquired at an average price of €30.12 per share, amounting to a total investment of €7.5 million.

This latest transaction brings the total number of shares repurchased under the program to 25,743,949, with a cumulative expenditure of €720.5 million. The share buyback program, announced in November 2023, aims to enhance shareholder value and optimize the company’s capital structure.

For more detailed information on the individual transactions, Ahold Delhaize has made the data available for download on their official website.

This update is provided in compliance with the EU Regulation governing buyback program disclosures.

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SOURCE: Ahold Delhaize