Ahold completes ? 1 billion share buyback
(Thomson Reuters ONE) -
Amsterdam, the Netherlands, March 19, 2012 - 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.
All weekly updates of this program can be found on this page:
http://bit.ly/FQ6nO1.
Ahold Press Office: +31 88 659 5343
Ahold Investor Relations: +31 88 659 5213
Follow us on Twitter: (at)AholdNews
Cautionary notice
Certain statements in this press release are forward-looking statements. These
statements include, but are not limited to, the use of treasury shares for
employee share-based compensation and cancellation of shares and are subject to
risks, uncertainties and other factors that could cause actual results to differ
materially from the future results expressed or implied by these forward-looking
statements. Many of these risks and uncertainties relate to factors that are
beyond Ahold's ability to control or estimate precisely, which factors are
discussed in Ahold's public filings and other disclosures. Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of the date of this press release. Ahold does not undertake any
obligation to publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date of this press release, except
as may be required by applicable laws. Outside the Netherlands, Koninklijke
Ahold N.V., being its registered name, also presents itself under the name of
"Royal Ahold" or "Ahold".
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ahold via Thomson Reuters ONE
[HUG#1594794]
Unternehmensinformation / Kurzprofil:
Datum: 19.03.2012 - 08:31 Uhr
Sprache: Deutsch
News-ID 125876
Anzahl Zeichen: 2755
contact information:
Town:
Amsterdam
Kategorie:
Business News
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"Ahold completes ? 1 billion share buyback"
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