Heineken Holding N.V. Updates on Share Buyback Progress

Overview of Heineken's Share Buyback Programme

Heineken Holding N.V., a renowned global brewer, is actively implementing its share buyback programme. This strategic decision, involving up to approximately €750 million, reflects the company’s commitment to enhancing shareholder value. The company recently shared exciting updates regarding its buyback initiatives, particularly focusing on the first tranche, which amounts to around €375 million.

Details of Recent Transactions

From mid-April, specifically between the 14th and the 18th, Heineken repurchased a total of 56,247 shares on the exchange. The average acquisition price for these shares came in at €66.03. These repurchases form part of a continuing effort to reinforce Heineken's market position and showcase robust growth.

The total number of shares repurchased under this programme, up to the 18th of April, stands at an impressive 612,398, with the combined financial consideration weighing in at about €41,392,670. The company is dedicated to providing regular updates and publishes a weekly overview of its share buyback progress every Monday on their official platforms.

Commitment to Shareholders and Market Presence

Heineken Holding N.V. remains committed to its shareholders through various financial strategies, including the share buyback programme. Investing in their own shares demonstrates confidence in the company's future and solidifies its position within the highly competitive beverage market. The programme is a testament to Heineken's financial strength and operational excellence.

Company's Vision and Growth Strategy

As the world's most international brewer, Heineken is recognized for its innovative approach and a diverse portfolio of over 340 beer and cider brands. The company continues to prioritize consumer engagement and brand development, with its flagship Heineken® brand leading the way.

In addition to pursuing financial strategies, Heineken is dedicated to sustainability through its "Brew a Better World" initiative, integrating environmental and social governance into its operations. This commitment not only helps shape the future of beer but also aims to win the hearts of consumers worldwide.

Investor Relations and Communications

For further inquiries or detailed information regarding the share buyback programme, investors and interested parties can reach out to key representatives at Heineken Holding N.V. For media inquiries, Kees Jongsma is available at +31 6 54 79 82 53, and additional contact can be made via email at cjongsma@spj.nl.

Continued Engagement with Stakeholders

Heineken values transparency in its operations and strives to maintain an open dialogue with all stakeholders. Investors are encouraged to explore more about the company's initiatives and achievements through its official channels. For further information, stakeholders can reach out to Christiaan Prins, Director of Global Communications, or Tristan van Strien, Global Director of Investor Relations.

Frequently Asked Questions

What is the purpose of the share buyback programme?

The share buyback programme aims to enhance shareholder value while demonstrating the company's financial strength.

How much of the buyback programme is currently executed?

Heineken has executed approximately €41 million in share repurchases under the current buyback programme.

How often does Heineken provide updates on the share buyback?

Heineken provides weekly updates on the progress of its share buyback programme every Monday.

Who should be contacted for investor inquiries?

Investors can contact Christiaan Prins or Tristan van Strien for inquiries related to investments and share buyback programmes.

What is Heineken's commitment to sustainability?

Heineken incorporates sustainability initiatives into its operations through its "Brew a Better World" programme, aiming for environmental consciousness and social responsibility.

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