Ahold shareholders approve reverse stock split

ZAANDAM, the Netherlands — Ahold's shareholders on Tuesday approved the company's proposal to return €1 billion (US$1.4 billion) to shareholders by way of a capital repayment and reverse stock split.

 Shareholders voted at an extraordinary general meeting held at Ahold's headquarters. The meeting was attended by 65 shareholders, representing approximately 657 million votes.

 

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