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Koninklijke Ahold NV Commences EUR 500 Million Share Buyback Program


Monday, 11 Mar 2013 03:01am EDT 

Koninklijke Ahold NV (Ahold) announced the commencement of the EUR 500 million share buyback program announced on February 28, 2013 and expected to be finalized within 12 months. The purpose of the share buyback program is to return value to shareholders. The program will be executed by intermediaries allowing the execution of share repurchases in the open market during open and closed periods. The Company may cancel all or part of the common shares acquired through the program.