Ahold Delhaize celebrated its first trading day on Euronext. Following the successful merger of Ahold and Delhaize Group, Ahold Delhaize began trading on the Amsterdam and Brussels markets of Euronext. As of today, the company is part of the flagship indices of Euronext Amsterdam and Euronext Brussels; the AEX® and the BEL 20®.
After opening, the first market price was € 21.85. Based on the first price, the total market capitalization of the company was around € 28 billion.
Ahold Delhaize is one of the world’s largest food retail groups and a leader in both supermarkets and ecommerce. Its family of 22 strong, local brands serves more than 50 million customers each week in 11 countries. Together, these brands employ more than 375,000 associates in 6,500 grocery and specialty stores and include the top online retailer in the Benelux and the leading online grocers in the Benelux and the United States. Ahold Delhaize brands are at the forefront of sustainable retailing, sourcing responsibly, supporting local communities and helping customers make healthier choices.
Dick Boer, CEO of Ahold Delhaize said: "The start of trading of Ahold Delhaize in Amsterdam and Brussels marks the beginning of an exciting new chapter for our company. Building on common values, complementary operations and proud legacies, we have a unique opportunity to deliver even more for customers and communities, associates and shareholders. We are very proud to continue our long-standing relationship with Euronext both in the Amsterdam and Brussels market and look forward to our continued cooperation."
Next Finance , July 2016
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