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 purchased 65,600 shares at an average price of €68.98 between March 10-14, 2025. This is part of the first tranche of €375 million within a larger share buyback programme worth €750 million announced on February 12, 2025.
To date, the company has repurchased a total of 276,930 shares for a total consideration of €19,208,018. The company provides weekly updates on the progress of the share buyback programme every Monday on its website. This announcement fulfills disclosure requirements under EU regulations regarding buyback programs.
Positive
- €750 million share buyback program demonstrates strong commitment to shareholder returns
- Systematic weekly execution of buyback program shows operational efficiency
- Average purchase price of €68.98 indicates disciplined capital allocation
Negative
- Only €19.2 million (5.1%) of first €375 million tranche completed so far
Heineken Holding N.V. reports transactions under its current
share buyback programme
Amsterdam, 17 March 2025 - Heineken Holding N.V. (EURONEXT:HEIO; OTCQX: HKHHY), hereby reports transaction details related to the first tranche of up to circa
From 10 March 2025 up to and including 14 March 2025 a total of 65,600 shares was repurchased on exchange at an average price of
Up to and including 14 March 2025, a total of 276,930 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
How many shares has Heineken (HKHHY) repurchased in the March 10-14, 2025 period?
What is the total size of Heineken's (HKHHY) 2025 share buyback program?
How much has Heineken (HKHHY) spent on share buybacks as of March 14, 2025?
When did Heineken (HKHHY) announce its current share buyback program?
