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 66,796 shares at an average price of €68.24 between March 17-21, 2025. This is part of the first tranche of approximately €375 million, which is half of the total €750 million share buyback programme announced on February 12, 2025.
To date, Heineken has repurchased a total of 343,726 shares for a total consideration of €23,766,049 under this programme. The company provides weekly updates on the buyback progress through its website every Monday.
Positive
- €750 million share buyback program demonstrates strong commitment to shareholder returns
- Regular weekly progress updates show transparency in buyback execution
- Systematic share repurchases could help support stock price and increase earnings per share
Negative
- €23.77 million spent represents only 6.3% completion of first tranche target
- Average purchase price of €68.24 may not represent optimal value for shareholders
News Market Reaction 1 Alert
On the day this news was published, HKHHY declined 2.36%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Heineken Holding N.V. reports transactions under its current
share buyback programme
Amsterdam, 24 March 2025 - Heineken Holding N.V. (EURONEXT:HEIO; OTCQX: HKHHY), hereby reports transaction details related to the first tranche of up to circa
From 17 March 2025 up to and including 21 March 2025 a total of 66,796 shares was repurchased on exchange at an average price of
Up to and including 21 March 2025, a total of 343,726 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 did Heineken (HKHHY) repurchase between March 17-21, 2025?
What is the total value of Heineken's (HKHHY) 2025 share buyback program?
How much has Heineken (HKHHY) spent on share buybacks as of March 21, 2025?
What is the size of the first tranche in Heineken's (HKHHY) 2025 buyback program?
