Heineken increases maximum value of share repurchasing programme related to the acquisition of FEMSA beer businesses
(Thomson Reuters ONE) -
Amsterdam, 3 May 2010 - Heineken N.V. announced today that following the
successful closing of the FEMSA beer businesses acquisition it has increased
the maximum value of the first phase of its existing share buyback programme to
?200 million. This first phase of the programme, that will complete at the end
of 8 June 2010, was announced on 8 March 2010.
These shares are intended to be delivered to Fómento Económico Mexicano, S.A.B.
de C.V. ("FEMSA") or a FEMSA group company under the terms of the Allotted Share
Delivery Instrument (the "ASDI") concluded between Heineken N.V. and FEMSA. The
ASDI sets forth the terms under which Heineken N.V. will deliver approximately
29 million allotted Heineken N.V. shares to FEMSA. The first phase of the share
repurchase programme is being executed in line with the authorisation given by
the General Meeting of Shareholders.
Heineken posts the progress made in the execution of the programme on its
website www.heinekeninternational.com
a weekly basis.
Press enquiries
Véronique Schyns
Tel: +31 (0)20 5239 355
veronique.schyns(at)heineken.com
Investor and analyst enquiries
Jan van de Merbel
Tel: +31 (0)20 5239 590
investors(at)heineken.com
Editorial information:
Heineken is one of the world's great brewers and is committed to growth and
remaining independent. The brand that bears the founder's family name - Heineken
- is available in almost every country on the globe and is the world's most
valuable international premium beer brand. The Company's aim is to be a leading
brewer in each of the markets in which it operates and to have the world's most
valuable brand portfolio. In 2009, the Company operated 125 breweries in more
than 70 countries and sold 159 million hectolitres of beer. Heineken is Europe's
largest brewer and the world's third largest by volume. Heineken is committed to
the responsible marketing and consumption of its more than 200 international
premium, regional, local and specialty beers and ciders. These include Amstel,
Birra Moretti, Cruzcampo, Foster's, Kingfisher, Newcastle Brown Ale, Ochota,
Primus, Sagres, Star, Strongbow, Tiger and Zywiec. In 2009, revenue totalled
?14.7 billion and net profit before amortisation of brands and customer
relations was ?1.0 billion. In 2009, the average number of people employed was
55,301. Heineken N.V. and Heineken Holding N.V. shares are listed on the
Amsterdam stock exchange. Prices for the ordinary shares may be accessed on
Bloomberg under the symbols HEIA NA and HEIO NA and on the Reuter Equities 2000
Service under HEIN.AS and HEIO.AS. Most recent information is available on
Heineken's home page: http://www.heinekeninternational.com
[HUG#1410964]
Download Heineken N.V. press release: http://hugin.info/130667/R/1410964/363317.pdf
Unternehmensinformation / Kurzprofil:
Datum: 03.05.2010 - 08:00 Uhr
Sprache: Deutsch
News-ID 20129
Anzahl Zeichen: 0
contact information:
Town:
Amsterdam
Kategorie:
Business News
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"Heineken increases maximum value of share repurchasing programme related to the acquisition of FEMSA beer businesses"
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