Ahold Delhaize announces further share buyback | Progresiv

Ahold Delhaize has announced that it has now purchased a total of 5,946,507 common shares for a total consideration of 118 million euros, as part of a 1 billion euros 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 euros per share for a total consideration of 22.8 million euros,’ the retailer said.

In January, Ahold Delhaize announced a sales increase of 2.8% in the fourth quarter of its financial year. (www.esmmagazine.com)