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Ahold Delhaize buys back 3.9 million shares

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Ahold Delhaize buys back 3.9 million shares

Dutch retail food store operator Koninklijke Ahold Delhaize NV repurchased 3,924,757 of its common shares between Feb. 27 and March 24.

The shares were bought at an average price of €20.2 each, for a total consideration of €79.3 million, Ahold Delhaize said.

The repurchases are part of the €1 billion share buyback program announced by the company Dec. 7, 2016.

A total of 13,278,226 common shares have been repurchased to date, for a total consideration of €266.7 million.