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Heineken Holding N.V. Advances Share Buyback Program

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Heineken Holding N.V. Advances Share Buyback Program

Heineken Holding NV ( (GB:0NBD) ) just unveiled an update.

Heineken Holding N.V. announced the details of its ongoing share buyback program, with the first tranche involving the repurchase of 65,912 shares at an average price of €70.06, totaling €10,095,818. This initiative is part of a larger €750 million buyback plan, reflecting the company’s strategic focus on enhancing shareholder value and optimizing its capital structure.

More about Heineken Holding NV

Heineken Holding N.V. is a major player in the global brewing industry, known for its production and marketing of premium and non-alcoholic beer and cider brands. The company has a diverse portfolio of over 340 international, regional, local, and specialty beers and ciders, led by the Heineken® brand. With operations in more than 70 countries, Heineken is committed to innovation, sustainability, and long-term brand investment, maintaining a strong presence in both developed and developing markets.

YTD Price Performance: 22.50%

Average Trading Volume: 70,190

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €19.99B

See more data about 0NBD stock on TipRanks’ Stock Analysis page.

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