Core Viewpoint - Heineken Holding N.V. has announced the initiation of the second tranche of its €750 million share buyback program, amounting to €375 million, which is part of a two-year plan [1]. Group 1: Share Buyback Program Details - The second tranche of the share buyback program is expected to be completed by 29 January 2027, or earlier if the allocated amount is fully utilized [3]. - All shares repurchased under the program will be canceled to reduce the issued share capital of Heineken Holding N.V. [3]. - The program may be suspended, modified, or discontinued at any time [3]. Group 2: Execution and Compliance - The program will be executed within the limitations of the authority granted in the General Meeting of Shareholders held on 17 April 2025 [4]. - Compliance with the Market Abuse Regulation 596/2014 and Commission Delegated Regulation (EU) 2016/1052 will be maintained during the share buyback [5]. - Heineken Holding N.V. will provide regular updates on the progress of the program through press releases and its website [5]. Group 3: Company Overview - Heineken Holding N.V. primarily engages in managing its interest in Heineken N.V. and providing services to that company [8]. - Heineken is recognized as a leading developer and marketer of premium and non-alcoholic beer and cider brands, with a portfolio exceeding 340 brands [9]. - The company operates in over 70 countries, emphasizing sustainability and innovation in its business practices [9].
Heineken Holding N.V. announces second tranche of its €750 million share buyback programme