Heineken Holding N.V. reports transactions under its current share buyback programme
Rhea-AI Summary
Heineken Holding N.V. (OTCQX: HKHHY) has reported the latest transactions under its current share buyback programme. The company has completed purchases between March 31 and April 4, 2025, acquiring 70,194 shares at an average price of €66.46 per share.
This is part of the first tranche of approximately €375 million, which itself is part of a larger share buyback programme worth up to €750 million announced on February 12, 2025. To date, the company has repurchased a total of 483,161 shares for a total consideration of €33,054,039.
The company provides weekly updates on the progress of the share buyback programme every Monday on its website. HEINEKEN operates globally with over 85,000 employees and maintains a portfolio of more than 340 international, regional, local, and specialty beers and ciders.
Positive
- Large-scale share buyback program of €750 million demonstrates strong financial position
- Regular execution of buyback program with €33 million already deployed
- Systematic weekly transparency in reporting buyback progress
Negative
- Significant cash outflow of €750 million for buyback could limit other investment opportunities
Heineken Holding N.V. reports transactions under its current
share buyback programme
Amsterdam, 7 April 2025 - Heineken Holding N.V. (EURONEXT:HEIO; OTCQX: HKHHY), hereby reports transaction details related to the first tranche of up to circa
From 31 March 2025 up to and including 4 April 2025 a total of 70,194 shares was repurchased on exchange at an average price of
Up to and including 4 April 2025, a total of 483,161 shares was repurchased under the share buyback programme for a total consideration of
Heineken Holding N.V. publishes on a weekly basis, every Monday, an overview of the progress of the share buyback programme on its website: https://www.heinekenholding.com/investors/share-information/share-buyback-programme
| Enquiries |
| Media Heineken Holding N.V. | |
| Kees Jongsma | |
| tel. +31 6 54 79 82 53 | |
| E-mail: cjongsma@spj.nl | |
| Media | Investors |
| Christiaan Prins | Tristan van Strien |
| Director of Global Communications | 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 Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company. 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, HEINEKEN brews the joy of true togetherness to inspire a better world. HEINEKEN’s dream is to shape the future of beer and beyond to win the hearts of consumers. HEINEKEN is 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. HEINEKEN operates breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on www.heinekenholding.com and www.theheinekencompany.com and follow HEINEKEN on LinkedIn and Instagram.
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FAQ
What is the total value of Heineken's (HKHHY) current share buyback program announced in February 2025?
How many shares has Heineken (HKHHY) repurchased as of April 4, 2025?
What is the size of the first tranche in Heineken's (HKHHY) 2025 share buyback program?
What was the average price per share paid by Heineken (HKHHY) in its latest weekly buyback report?
