Heineken Holding N.V. Launches €750 Million Share Buyback Program

The latest update is out from Heineken Holding NV ( (GB:0NBD) ).

Heineken Holding N.V. has announced the initiation of the first tranche of its share buyback program, aiming to repurchase shares up to €375 million as part of a larger €750 million two-year plan. The program is supported by the majority shareholder, L’Arche Green N.V., and is designed to reduce the company’s issued share capital through the cancellation of repurchased shares. This move is expected to enhance shareholder value and align with regulatory compliance, with progress updates to be communicated regularly.

More about Heineken Holding NV

Heineken Holding N.V. is primarily engaged in the management and supervision of Heineken N.V., the world’s most international brewer. The company is a leading developer and marketer of premium and non-alcoholic beer and cider brands, with a portfolio that includes over 340 types of beers and ciders. Heineken operates in more than 70 countries and emphasizes innovation, sustainability, and long-term brand investment.

YTD Price Performance: 3.86%

Average Trading Volume: 63,896

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.86B

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