Ahold commences ?500 million share buyback program
(Thomson Reuters ONE) -
Zaandam, the Netherlands - Ahold today commenced the ?500 million share buyback
program announced on February 26, 2015 and expected to be finalized within 12
months.
The purpose of the share buyback program is to return value to shareholders. The
program will be executed by intermediaries allowing the execution of share
repurchases in the open market during open and closed periods.
The program will be executed within the limitations of the existing authority
granted at Ahold's 2014 Annual General Meeting of Shareholders and, if granted,
the authority proposed to shareholders at Ahold's 2015 Annual General Meeting of
Shareholders on April 15, 2015.
Ahold may cancel all or part of the common shares acquired through the program.
Ahold will provide updates on the progress of the program by means of weekly
press releases.
Ahold commences share buyback program:
http://hugin.info/130711/R/1900287/675379.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1900287]
Unternehmensinformation / Kurzprofil:
Datum: 09.03.2015 - 07:59 Uhr
Sprache: Deutsch
News-ID 376909
Anzahl Zeichen: 1571
contact information:
Town:
Amsterdam
Kategorie:
Business News
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