Ahold completes € 1 billion share buyback

Amsterdam, the Netherlands – Ahold today announced that it has completed its € 1 billion share buyback program announced on March 7, 2011.

The total number of shares repurchased under the program was 106,814,343 common shares, for a total consideration of € 1,000,000,000, at an average price of € 9.3620.

The program was completed last week, when 1,444,921 common shares were purchased for a total consideration of € 15.02 million.

The shares bought back under the program are currently being held by Ahold as treasury shares and will be used for employee share-based compensation in future years or will be cancelled.

During the share buyback program, Ahold published a press release every Monday with a weekly update. Click here to view all the relevant information of these these weekly updates. Separate weekly press releases are available upon request. Please send an email to communications@ahold.com if you would like to receive one or more of these weekly releases.

You must be logged in to post a comment Login