Heineken’s shares surge on strong profit performance, share buyback

Heineken’s (HEIN.AS) shares surged 12 per cent on Wednesday as the Dutch brewer predicted more growth next year after producing forecast-beating profits in 2024, and said it would launch a 1.5 billion euro share buyback.

The world’s No.2 brewer’s shares saw their biggest one-day gain since 1989 after it reported 8.3 per cent growth in annual organic operating profit.

This surpassed analysts’ forecasts of 5.3 per cent and exceeded the