Zaandam, the Netherlands, 2014-7-9 — /EPR Retail News/ — Ahold has repurchased 1,424,122 Ahold common shares in the period from June 30, 2014 up to and including July 4, 2014.
The shares were repurchased at an average price of € 13.7675 per share for a total consideration of € 19.61 million. These repurchases were made as part of the € 500 million share buyback program announced on February 28, 2013 as increased by € 1.5 billion to a total amount of € 2 billion announced on June 4, 2013.
The total number of shares repurchased under this program up to and including to June 27, last as mentioned in the press released of June 30, 2014 was 118’972’673 common shares instead of (the manifest erroneous number of) 118’989’051. All other numbers in the press release of June 30, 2014 are correct.
The total number of shares repurchased under this program to date is 120,396,795 common shares for a total consideration of € 1,563.81 million.
During the share buyback program, Ahold publishes a press release every Monday with a weekly update. Click here to view all the relevant information of these these weekly updates. Separate weekly press releases are available upon request. Please send an email to email@example.com if you would like to receive one or more of these weekly releases.