Ahold Completes Stock Swap

Ahold said Thursday that it had completed its reverse stock split, as anticipated after markets closed Wednesday.

AMSTERDAM — Ahold here said Thursday that it had completed its reverse stock split, as anticipated after markets closed Wednesday. The swap exchanged every five existing shares with four shares of new stock. The new shares commenced trading Wednesday on the New York Stock Exchange under the symbol AHO-WI. Ahold also said it will pay shareholders a one-time dividend of 1.89 euros (about $2.56) for each share they own beginning Aug. 28.

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