Heineken N.V. reports the progress of transactions under its current share buyback programme
Rhea-AI Summary
Heineken N.V. (HEINY) has reported progress on its current share buyback programme, detailing transactions for the first €750 million tranche of its total €1.5 billion programme announced on February 12, 2025. From February 17-21, 2025, the company repurchased 67,085 shares at an average price of €78.12 on exchange, along with 66,866 shares from Heineken Holding N.V.
As of February 21, 2025, the total shares repurchased under the programme reached 173,888 shares for a total consideration of €13,649,534. The company provides weekly updates on the buyback progress every Monday on its website.
Positive
- Implementing substantial €1.5 billion share buyback program
- Successfully executed first phase purchases totaling €13.6 million
- Demonstrating strong financial position and commitment to shareholder returns
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, HEINY gained 2.20%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Heineken N.V. reports the progress of transactions under its current
share buyback programme
Amsterdam, 24 February 2025 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) hereby reports transaction details related to the first
From 17 February 2025 up to and including 21 February 2025 a total of 67,085 shares was repurchased on exchange at an average price of
Up to and including 21 February 2025, a total of 173,888 shares was repurchased under the share buyback programme for a total consideration of
Heineken N.V. publishes on a weekly basis, every Monday, an overview of the progress of the share buyback programme on its website: https://www.theheinekencompany.com/investors/share-information/share-buyback-programme
| Enquiries | |
| Media | Investors |
| Christiaan Prins | Tristan van Strien |
| Director of Global Communication | Global Director of Investor Relations |
| Marlie Paauw | Lennart Scholtus / Chris Steyn |
| Corporate Communications Lead | Investor Relations Manager / Senior Analyst |
| E-mail: pressoffice@heineken.com | E-mail: investors@heineken.com |
| Tel: +31-20-5239355 | Tel: +31-20-5239590 |
Regulatory information
This press release is issued in connection with the disclosure and reporting obligations as set out in Article 5(1)(b) Regulation (EU) 596/2014 and Article 2(2) of the Commission Delegated Regulation (EU) 2016/1052 that contains technical standards for buyback programs.
Editorial information:
HEINEKEN is the world's most international brewer. It is the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 340 international, regional, local and specialty beers and ciders. With HEINEKEN’s over 85,000 employees, we brew the joy of true togetherness to inspire a better world. Our dream is to shape the future of beer and beyond to win the hearts of consumers. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brew a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We operate breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on our Company's website and follow us on LinkedIn and Instagram.
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