Heineken ups share buyback

Brewer Heineken announced yesterday that in connection with its acquisition of FEMSA Cerveza, it has increased the maximum value of the third phase of its existing share buyback programme from €150m (£130m) to €300m. This third phase of the programme, by the Dutch-based business, covers the period 18 November 2010 up to and including 16 June 2011, and was originally announced on 17 November 2010.