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Ahold Delhaize buys back shares worth €50.2M

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Ahold Delhaize buys back shares worth €50.2M

Dutch food retailer Koninklijke Ahold Delhaize NV said Sept. 11 that it repurchased 2,409,873 of its common shares between Sept. 3 and Sept. 7.

The shares were bought back at an average price of €20.84 per share for a total consideration of €50.2 million.

The buyback follows Ahold Delhaize's repurchase of 3,355,808 common shares from Aug. 27 to Aug. 31. The purchases are part of the €2 billion share buyback program the company announced in November 2017.

Ahold Delhaize has bought back a total of 76,996,697 common shares under the program, for a total consideration of €1.51 billion.