LD_Perspectives

Ahold Delhaize: Strong Online Sales + Share Buybacks

Long
EURONEXT:AD   KONINKLIJKE AHOLD DELHAIZE N.V.
Dutch grocery retailer Ahold Delhaize (AD €24.56) - strong online sales; 2021 outlook raised. Share buyback program: ~€464m of the €1bn program complete thus far (08/06).

Technical: Emerging from a rounding bottom consolidation. Also back-tested the downward trend line breakout.
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