Heineken Holding N.V. announces first tranche of its share buyback programme
Heineken Holding N.V. (HKHHY) has announced the launch of its share buyback programme's first tranche, worth up to €375 million, as part of a larger €750 million two-year initiative. The company will use proceeds from its participation in Heineken N.V.'s share buyback programme to repurchase Heineken Holding N.V. shares daily.
The first tranche is scheduled to complete by January 30, 2026, or earlier if the allocated amount is spent. The repurchased shares will be cancelled to reduce issued share capital. L'Arche Green N.V., the majority shareholder, supports the programme but won't participate, maintaining its long-term commitment.
The programme will be executed within shareholder-approved authority and comply with Market Abuse Regulation requirements. Regular updates will be provided through press releases and the company website.
Heineken Holding N.V. (HKHHY) ha annunciato il lancio della prima tranche del suo programma di riacquisto di azioni, del valore di fino a €375 milioni, come parte di un'iniziativa più ampia di €750 milioni che si estende su due anni. L'azienda utilizzerà i proventi della sua partecipazione nel programma di riacquisto di azioni di Heineken N.V. per riacquistare quotidianamente azioni di Heineken Holding N.V.
La prima tranche è prevista per il completamento entro il 30 gennaio 2026, o prima se l'importo allocato viene speso. Le azioni riacquistate saranno annullate per ridurre il capitale sociale emesso. L'Arche Green N.V., il socio di maggioranza, sostiene il programma ma non parteciperà, mantenendo il suo impegno a lungo termine.
Il programma sarà eseguito nell'ambito dell'autorità approvata dagli azionisti e rispetterà i requisiti del Regolamento sull'abuso di mercato. Aggiornamenti regolari saranno forniti tramite comunicati stampa e il sito web dell'azienda.
Heineken Holding N.V. (HKHHY) ha anunciado el lanzamiento de la primera fase de su programa de recompra de acciones, por un valor de hasta €375 millones, como parte de una iniciativa más amplia de €750 millones que se extenderá durante dos años. La empresa utilizará los ingresos de su participación en el programa de recompra de acciones de Heineken N.V. para recomprar acciones de Heineken Holding N.V. diariamente.
Se espera que la primera fase se complete antes del 30 de enero de 2026, o antes si se agota el monto asignado. Las acciones recompradas serán canceladas para reducir el capital social emitido. L'Arche Green N.V., el accionista mayoritario, apoya el programa pero no participará, manteniendo su compromiso a largo plazo.
El programa se llevará a cabo dentro de la autoridad aprobada por los accionistas y cumplirá con los requisitos del Reglamento sobre Abuso de Mercado. Se proporcionarán actualizaciones regulares a través de comunicados de prensa y el sitio web de la empresa.
하이네켄 홀딩 N.V. (HKHHY)는 7억 5천만 유로 규모의 2년 프로그램의 일환으로 최대 3억 7천5백만 유로에 달하는 자사주 매입 프로그램의 첫 번째 트랜치를 발표했습니다. 이 회사는 하이네켄 N.V.의 자사주 매입 프로그램 참여를 통해 발생한 수익을 사용하여 하이네켄 홀딩 N.V.의 주식을 매일 재구매할 것입니다.
첫 번째 트랜치는 2026년 1월 30일까지 완료될 예정이며, 배정된 금액이 소진되면 더 일찍 완료될 수 있습니다. 재구매된 주식은 발행된 자본금을 줄이기 위해 취소됩니다. 대주주인 L'Arche Green N.V.는 프로그램을 지지하지만 참여하지 않으며, 장기적인 헌신을 유지합니다.
이 프로그램은 주주 승인 권한 내에서 실행되며 시장 남용 규정 요건을 준수합니다. 정기적인 업데이트는 보도 자료와 회사 웹사이트를 통해 제공될 것입니다.
Heineken Holding N.V. (HKHHY) a annoncé le lancement de la première tranche de son programme de rachat d'actions, d'une valeur allant jusqu'à 375 millions d'euros, dans le cadre d'une initiative plus large de 750 millions d'euros sur deux ans. L'entreprise utilisera les produits de sa participation au programme de rachat d'actions de Heineken N.V. pour racheter quotidiennement des actions de Heineken Holding N.V.
La première tranche devrait être achevée d'ici le 30 janvier 2026, ou plus tôt si le montant alloué est dépensé. Les actions rachetées seront annulées pour réduire le capital social émis. L'Arche Green N.V., l'actionnaire majoritaire, soutient le programme mais ne participera pas, maintenant son engagement à long terme.
Le programme sera exécuté dans le cadre de l'autorité approuvée par les actionnaires et respectera les exigences du Règlement sur les abus de marché. Des mises à jour régulières seront fournies par le biais de communiqués de presse et du site web de l'entreprise.
Heineken Holding N.V. (HKHHY) hat die Einführung der ersten Tranche seines Aktienrückkaufprogramms bekannt gegeben, die bis zu 375 Millionen Euro wert ist und Teil einer umfassenderen Initiative von 750 Millionen Euro über zwei Jahre ist. Das Unternehmen wird die Einnahmen aus seiner Teilnahme am Aktienrückkaufprogramm von Heineken N.V. nutzen, um täglich Aktien von Heineken Holding N.V. zurückzukaufen.
Die erste Tranche soll bis zum 30. Januar 2026 abgeschlossen sein, oder früher, wenn der zugewiesene Betrag ausgegeben wird. Die zurückgekauften Aktien werden annulliert, um das ausgegebene Kapital zu reduzieren. L'Arche Green N.V., der Mehrheitsaktionär, unterstützt das Programm, wird jedoch nicht teilnehmen und behält sein langfristiges Engagement bei.
Das Programm wird innerhalb der von den Aktionären genehmigten Befugnisse durchgeführt und entspricht den Anforderungen der Marktmissbrauchsverordnung. Regelmäßige Updates werden über Pressemitteilungen und die Unternehmenswebsite bereitgestellt.
- €750 million total share buyback program demonstrates strong financial position
- Share cancellation will reduce share count, potentially increasing value for remaining shareholders
- Majority shareholder support ensures program execution
- Clear timeline and structure for program implementation through January 2026
- Significant cash outlay of €750 million over two years may impact other investment opportunities
- Program can be suspended or modified, creating uncertainty about full execution
Heineken Holding N.V. announces first tranche of its share buyback programme
| Press release |
Amsterdam, 13 February 2025 – Heineken Holding N.V. [(EURONEXT:HEIO; OTCQX: HKHHY)] announces the start of the first up to circa
Heineken Holding N.V. will use the proceeds of its pro rata participation in the Heineken N.V. share buyback programme to repurchase, on a daily basis, a number of Heineken Holding N.V shares equal to the number of Heineken N.V. shares that Heineken Holding N.V. will sell to Heineken N.V. The Heineken N.V. shares will be sold by Heineken Holding N.V. for the price of the volume-weighted average price of the shares acquired by Heineken N.V. on market on the relevant day. Heineken N.V. and Heineken Holding N.V. have entered into an arrangement to ensure Heineken Holding N.V.'s participation in Heineken N.V.'s share buyback programme is implemented in conformity with Heineken Holding N.V.'s articles of association.
The first tranche of the Heineken Holding N.V’s share buyback programme is expected to complete no later than 30 January 2026, or so much earlier as the amount dedicated to the first tranche has been spent, barring unforeseen circumstances. Repurchased shares will be cancelled to reduce Heineken Holding N.V.’s issued share capital. The share buyback programme may be suspended, modified, or discontinued at any time.
The programme will be executed within the existing authority granted in the 25 April 2024 Heineken Holding N.V. Annual General Meeting of Shareholders and the authority granted by future general meetings of Heineken Holding N.V.
L'Arche Green N.V., Heineken Holding N.V.'s majority shareholder, is supportive of the share buyback programme and as such has irrevocably undertaken to vote in favour of any requested share buyback and share cancellation mandates in relation to the announced programme at future general meetings of Heineken Holding N.V. L'Arche Green N.V. remains strongly committed as Heineken Holding N.V.’s long-term majority shareholder and will not participate in the programme.
The programme will be executed in compliance with the Market Abuse Regulation 596/2014 and Commission Delegated Regulation (EU) 2016/1052 (as amended, “Market Abuse Regulation”), including compliance with the safe harbour provisions for share buybacks.
Heineken Holding N.V. will inform the market of the progress of the programme through regular press releases and updates on its website (www.heinekenholding.com/investors).
| Enquiries |
| Media Heineken Holding N.V. | |
| Kees Jongsma | |
| tel. +31 6 54 79 82 53 | |
| E-mail: cjongsma@spj.nl | |
| 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 |
Editorial information:
Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company. 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. HEINEKEN's dream is to shape the future of beer and beyond to win the hearts of consumers. HEINEKEN is 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. HEINEKEN operates breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on www.heinekenholding.com and www.theheinekencompany.com and follow HEINEKEN on LinkedIn, Twitter and Instagram.
Disclaimer:
This press release contains forward-looking statements based on current expectations and assumptions with regards to the financial position and results of HEINEKEN’s activities, anticipated developments and other factors. All statements other than statements of historical facts are, or may be deemed to be, forward-looking statements. Forward-looking statements also include, but are not limited to, statements and information in HEINEKEN’s non-financial reporting, such as HEINEKEN’s emissions reduction and other climate change related matters (including actions, potential impacts and risks associated therewith). These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “goals”, “intend”, “may”, “milestones”, “objectives”, “outlook”, “plan”, “probably”, “project”, “risks”, “schedule”, “seek”, “should”, “target”, “will” and similar terms and phrases. These forward-looking statements, while based on management's current expectations and assumptions, are not guarantees of future performance since they are subject to numerous assumptions, known and unknown risks and uncertainties, which may change over time, that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond HEINEKEN’s ability to control or estimate precisely, such as but not limited to future market and economic conditions, the behaviour of other market participants, changes in consumer preferences, the ability to successfully integrate acquired businesses and achieve anticipated synergies, costs of raw materials and other goods and services, interest-rate and exchange-rate fluctuations, changes in tax rates, changes in law, environmental and physical risks, change in pension costs, the actions of government regulators and weather conditions. These and other risk factors are detailed in HEINEKEN’s publicly filed annual reports. You are cautioned not to place undue reliance on these forward-looking statements, which speak only of the date of this press release. HEINEKEN assumes no duty to and does not undertake any obligation to update these forward-looking statements contained in this press release. Market share estimates contained in this press release are based on outside sources, such as specialised research institutes, in combination with management estimates.
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FAQ
What is the total value of Heineken Holding's (HKHHY) share buyback program announced in February 2025?
How much is the first tranche of HKHHY's 2025 share buyback program?
When will Heineken Holding's first buyback tranche be completed?
Will L'Arche Green N.V. participate in Heineken Holding's 2025 share buyback?
What will Heineken Holding do with the shares repurchased in the 2025-2026 program?
