Heineken NV Reports Progress in Share Buyback Program

Heineken NV, a Dutch beverage company, has provided an update on its current share buyback program. The company’s stock price has fluctuated between 83.86 EUR and 63.58 EUR in recent periods.

Key Stock Price Metrics

  • Recent high: 83.86 EUR
  • Recent low: 63.58 EUR

Industry experts have expressed concerns about the future of the brewing industry, citing a potential wave of bankruptcies among smaller breweries. The decline in beer consumption in Germany is a major factor contributing to this trend.

Industry Challenges

  • Decline in beer consumption in Germany
  • Significant drop in sales this year
  • Potential wave of bankruptcies among smaller breweries