Ahold share buyback update

Zaandam, the Netherlands, March 10, 2014 - Ahold has repurchased 3,966,000 Ahold common shares in the period from March 3, 2014 up to and including March 7, 2014. The shares were repurchased at an average price of € 13.8086 per share for a total consideration of € 54.76 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 to date is 91,942,400 common shares for a total consideration of € 1,172.89 million.

In view of the completion of the capital repayment and reverse stock split, Ahold will suspend its share buyback program as from March 7, 2014. The share buyback program will restart on Monday March 31, 2014.

 

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Source: Ahold via Globenewswire

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