Heineken N.V. announces second tranche of its €1.5 billion share buyback programme

Core Viewpoint - Heineken N.V. has initiated the second tranche of its €1.5 billion share buyback program, amounting to €750 million, as part of its ongoing strategy to enhance shareholder value [1][3]. 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 cancelled, and the program may be suspended, modified, or discontinued at any time [3]. - Heineken Holding N.V., the majority shareholder, will participate in the buyback program in proportion to its shareholding, with the price per share being the volume-weighted average price on the acquisition day [2]. Group 2: Compliance and Execution - The share buyback program will be executed within the limitations set by the authority granted in the 17 April 2025 Annual General Meeting of Shareholders [4]. - The program will comply with the Market Abuse Regulation 596/2014 and related regulations, ensuring adherence to safe harbor provisions for share buybacks [5]. - Heineken will provide regular updates on the progress of the program through press releases and its investor website [5]. Group 3: Company Overview - Heineken is a leading global beer company with a diverse portfolio of over 340 brands, including premium and non-alcoholic options [7]. - The company operates in more than 70 countries and is committed to sustainability and innovation as part of its business strategy [7].