Ahold Delhaize share buyback update October 25, 2022
October 25, 2022 at 02:01 am EDT
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Zaandam, the Netherlands, October 25, 2022 – Ahold Delhaize has repurchased 825,853 of its common shares in the period from October 17, 2022 up to and including October 21, 2022. The shares were repurchased at an average price of € 27.46 per share for a total consideration of € 22.7 million. These repurchases were made as part of the € 1 billion share buyback program announced on November 15, 2021.
The total number of shares repurchased under this program to date is 30,513,833 common shares for a total consideration of € 829.6 million.
Download the share buyback transactions excel sheet for detailed individual transaction information from https://www.aholddelhaize.com/en/investors/share-buyback-programs/2022/
This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of the EU Regulation that contains technical standards for buyback programs.
Ahold Delhaize N.V. is one of the world leaders in retailing. Net sales break down by activity as follows:
- retail distribution in the United States (61.5%): operated, at the end of 2023, 2,048 stores broken down by names between Food Lion (1,108), Stop & Shop (395), Giant/Martin's (193), Hannaford (187) and Giant Food (165). The group is also active in sale and home or workplace delivery of groceries through the Website Peapod.com;
- retail distribution in Europe (36.5%): operated 5,668 stores under the names Albert Heijn (1,268 in the Netherlands, Belgium and Germany), Mega Image (977 in Romania), Delhaize (818 in Belgium and Luxembourg), Gall & Gall (628 in the Netherlands), AB and Ena Food (585 in Greece), Etos (523 in the Netherlands), Delhaize Serbia (529 in Serbia) and Albert (340 in the Czech Republic). Ahold Delhaize N.V. is also active in sale and home or workplace delivery of groceries through the Website bol.com.
Net sales are distributed geographically as follows: the Netherlands (21.1%), Europe (17.4%) and United States (61.5%).