Amsterdam, the Netherlands - Ahold today announced that it has
completed its ¤1 billion share buyback program launched on August 30,
2007. The total number of shares repurchased under the program was
96,427,207 common shares at an average price of ¤10.3702.
The program was completed with the purchase of 3,117,909 common
shares for a total consideration of ¤30.4 million in the final
purchase period which ran from November 19 until today, November 20,
2007.
Of the total shares bought back, 76,427,207 are in the process of
being cancelled in accordance with resolutions adopted at Ahold's
Annual General Meeting of Shareholders on May 3, 2007. The remaining
20 million shares bought back will be held by Ahold as treasury stock
and used for employee share-based compensation.
Ahold Press Office: +31 (0)20 509 5343