Ahold share buyback update
March 10 2014 - 3:00AM
Zaandam, the Netherlands, March
10, 2014 - Ahold has repurchased 3,966,000 Ahold common shares in
the period from March 3, 2014 up to and including March 7, 2014.
The shares were repurchased at an average price of € 13.8086 per
share for a total consideration of € 54.76 million. These
repurchases were made as part of the € 500 million share buyback
program announced on February 28, 2013 as increased by € 1.5
billion to a total amount of € 2 billion announced on June 4,
2013.
The total number of shares
repurchased under this program to date is 91,942,400 common shares
for a total consideration of € 1,172.89 million.
In view of the completion of the capital repayment
and reverse stock split, Ahold will suspend its share buyback
program as from March 7, 2014. The share buyback program will
restart on Monday March 31, 2014.
Ahold Press
Office: +31 88 659 5343
Ahold Investor Relations: +31 88 659 5213
Follow us on Twitter:
@AholdNews
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ahold via Globenewswire
HUG#1767288
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