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Heineken starts first EUR 375M tranche of share repurchase program

Heineken starts first EUR 375M tranche of share repurchase program

Heineken (HEINY) announced the start of the first up to circa EUR 375M tranche of its up to circa EUR 750M two-year share buyback program. Heineken Holding N.V. will use the proceeds of its pro rata participation in the Heineken N.V. share buyback program to repurchase, on a daily basis, a number of Heineken Holding N.V shares equal to the number of Heineken N.V. shares that Heineken Holding N.V. will sell to Heineken N.V.

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