
Core Viewpoint - Heineken Holding N.V. has announced the initiation of the first tranche of its share buyback program, amounting to approximately €375 million, as part of a larger €750 million program over two years [1][2]. Group 1: Share Buyback Program Details - The first tranche of the share buyback program is expected to be completed by 30 January 2026, or earlier if the allocated amount is fully utilized [3]. - Heineken Holding N.V. will repurchase shares daily, equivalent to the number of Heineken N.V. shares sold to Heineken N.V. at the volume-weighted average price [2][3]. - Repurchased shares will be canceled to reduce the issued share capital of Heineken Holding N.V. [3]. Group 2: Shareholder Support - L'Arche Green N.V., the majority shareholder of Heineken Holding N.V., supports the share buyback program and has committed to voting in favor of related mandates at future general meetings [4]. Group 3: Compliance and Communication - The share buyback program will be executed in compliance with the Market Abuse Regulation, including safe harbor provisions [5]. - Heineken Holding N.V. will provide regular updates on the progress of the share buyback program through press releases and its investor website [5].