Heineken N.V. reports the progress of transactions under its current share buyback programme

Rhea-AI Summary

Heineken N.V. (HEINY) has reported progress on its current share buyback programme, detailing transactions for the first €750 million tranche of its total €1.5 billion programme announced on February 12, 2025. Between February 13-14, 2025, the company repurchased 26,603 shares at an average price of €79.26 through exchange trading, along with an additional 13,334 shares from Heineken Holding N.V.

The total shares repurchased under the programme as of February 14, 2025, amount to 39,937 shares for a total consideration of €3,162,877. The company commits to publishing weekly updates on the buyback programme's progress every Monday on its website.

Positive

• Announcement of substantial €1.5 billion share buyback program
• Initial €750 million tranche implementation demonstrates commitment to shareholder returns
• Systematic weekly progress reporting shows transparency

Negative

• Significant cash outflow of €1.5 billion for buyback may impact other investment opportunities

Heineken N.V. reports the progress of transactions under its current  share buyback programme   Amsterdam, 17 February 2025 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) hereby reports transaction details related to the first €750 million tranche of its €1.5 billion share buyback programme as communicated on 12 February 2025. From 13 February 2025 up to and including 14 February 2025 a total of 26,603 shares was repurchased on exchange at an average price of € 79.26. During the same period, 13,334 shares were repurchased from Heineken Holding N.V..  Up to and including 14 February 2025, a total of 39,937 shares was repurchased under the share buyback programme for a total consideration of € 3,162,877 (including shares repurchased from Heineken Holding N.V.). Heineken N.V. publishes on a weekly basis, every Monday, an overview of the progress of the share buyback programme on its website: https://www.theheinekencompany.com/investors/share-information/share-buyback-programme
		Enquiries

Media		Investors
Christiaan Prins		Tristan van Strien
Director of Global Communication		Global Director of Investor Relations
Marlie Paauw		Lennart Scholtus / Chris Steyn
Corporate Communications Lead		Investor Relations Manager / Senior Analyst
E-mail: pressoffice@heineken.com		E-mail: investors@heineken.com
Tel: +31-20-5239355		Tel: +31-20-5239590
Regulatory information This press release is issued in connection with the disclosure and reporting obligations as set out in Article 5(1)(b) Regulation (EU) 596/2014 and Article 2(2) of the Commission Delegated Regulation (EU) 2016/1052 that contains technical standards for buyback programs.
Editorial information: HEINEKEN is the world's most international brewer. It is the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 340 international, regional, local and specialty beers and ciders. With HEINEKEN’s over 85,000 employees, we brew the joy of true togetherness to inspire a better world. Our dream is to shape the future of beer and beyond to win the hearts of consumers. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brew a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We operate breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on our Company's website and follow us on LinkedIn and Instagram.

FAQ

What is the total value of Heineken's (HEINY) share buyback programme announced in February 2025?

Heineken announced a total share buyback programme of €1.5 billion, with an initial tranche of €750 million.

How many shares did Heineken (HEINY) repurchase between February 13-14, 2025?

Heineken repurchased a total of 39,937 shares, consisting of 26,603 shares through exchange trading and 13,334 shares from Heineken Holding N.V.

What was the average price per share for Heineken's (HEINY) exchange-traded buybacks in February 2025?

The average price per share for Heineken's exchange-traded buybacks was €79.26.

How much has Heineken (HEINY) spent on share buybacks as of February 14, 2025?

As of February 14, 2025, Heineken had spent €3,162,877 on share buybacks under the current programme.

How frequently does Heineken (HEINY) report its share buyback programme progress?

Heineken publishes weekly updates on its share buyback programme progress every Monday on its website.