{"id":407160,"date":"2021-01-04T02:03:21","date_gmt":"2021-01-04T07:03:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=407160"},"modified":"2021-01-04T02:03:21","modified_gmt":"2021-01-04T07:03:21","slug":"ahold-delhaize-commences-2021-share-buyback-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ahold-delhaize-commences-2021-share-buyback-program\/","title":{"rendered":"Ahold Delhaize commences 2021 share buyback program"},"content":{"rendered":"<div class=\"mw_release\">\n<p>\n        <em>Zaandam, the Netherlands, January 4, 2021<\/em> \u2013 Ahold Delhaize today commences the \u20ac1 billion share buyback program announced on November 4, 2020 and expects to complete the program before the end of 2021.<br \/>Maintaining a balanced approach between funding growth in key channels and returning excess liquidity to shareholders is part of Ahold Delhaize\u2019s financial framework to support its Leading Together strategy. The purpose of the program is to reduce the capital of Ahold Delhaize, by cancelling all or part of the common shares acquired through the program.<br \/>The program will be executed by intermediaries allowing the execution of share repurchases in the open market during open and closed periods. The program will be executed within the limits of relevant laws and regulations, the existing authority granted at Ahold Delhaize\u2019s 2020 annual general meeting of shareholders on April 8, 2020 and the authority (if granted) by the annual general meeting on April 14, 2021.<br \/>Ahold Delhaize will provide regular updates on the progress of the program by means of press releases.\u00a0 <\/p>\n<p>\n        <strong>Cautionary notice<\/strong><br \/>\n        <br \/>This communication includes forward-looking statements. All statements other than statements of historical facts may be forward-looking\u00a0statements. Words such as\u00a0commences, expects, complete, before, the end of, 2021, maintaining, growth, support, strategy, purpose, reduce, will, be, existing, if, progress\u00a0or other similar words or expressions are typically used to\u00a0identify forward-looking statements. <\/p>\n<p>Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results of Koninklijke Ahold Delhaize N.V. (the \u201cCompany\u201d) to differ materially from future results expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risk factors set forth in the Company\u2019s public filings and other disclosures. Forward-looking statements reflect the current views of the Company\u2019s management and assumptions based on information currently available to the Company\u2019s management. Forward-looking statements speak only as of the date they are made and the Company does not assume any obligation to update such statements, except as required by law.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQ0NzU2NyM0MDA4NDI4OTIjMjAwMzU1OA==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml-eu.globenewswire.com\/release\/track\/986b7f5d-b6c8-4435-9dd5-8669270ca1c6\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Zaandam, the Netherlands, January 4, 2021 \u2013 Ahold Delhaize today commences the \u20ac1 billion share buyback program announced on November 4, 2020 and expects to complete the program before the end of 2021.Maintaining a balanced approach between funding growth in key channels and returning excess liquidity to shareholders is part of Ahold Delhaize\u2019s financial framework to support its Leading Together strategy. The purpose of the program is to reduce the capital of Ahold Delhaize, by cancelling all or part of the common shares acquired through the program.The program will be executed by intermediaries allowing the execution of share repurchases in the open market during open and closed periods. The program will be executed within the limits of relevant laws and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ahold-delhaize-commences-2021-share-buyback-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ahold Delhaize commences 2021 share buyback program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-407160","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ahold Delhaize commences 2021 share buyback program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ahold-delhaize-commences-2021-share-buyback-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ahold Delhaize commences 2021 share buyback program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Zaandam, the Netherlands, January 4, 2021 \u2013 Ahold Delhaize today commences the \u20ac1 billion share buyback program announced on November 4, 2020 and expects to complete the program before the end of 2021.Maintaining a balanced approach between funding growth in key channels and returning excess liquidity to shareholders is part of Ahold Delhaize\u2019s financial framework to support its Leading Together strategy. The purpose of the program is to reduce the capital of Ahold Delhaize, by cancelling all or part of the common shares acquired through the program.The program will be executed by intermediaries allowing the execution of share repurchases in the open market during open and closed periods. 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