Credit Agricole Sa: Crédit Agricole S.A. announces the reduction of its share capital through the cancellation of treasury shares purchased under a share repurchase program
January 13 2025 - 11:13AM
UK Regulatory
Credit Agricole Sa: Crédit Agricole S.A. announces the reduction of
its share capital through the cancellation of treasury shares
purchased under a share repurchase program
Montrouge, January 13th 2025 |
Crédit Agricole S.A. announces the
reduction of its share capital through the cancellation of treasury
shares purchased under a share repurchase program
On 17 December 2024, the Board of Directors,
acting on the authorization of the General Meeting of Shareholders
on 22 May 2024, decided to reduce Crédit Agricole S.A.'s
share capital by cancelling 15,128,677 treasury shares representing
approximately 0.5% of the share capital.
Such capital reduction is effective as from 13
January 2025.
These shares were purchased under a share
repurchase program implemented between 1 October 2024 and 6
November 2024 to offset the dilutive effect of the 2024 capital
increase reserved for employees, for an aggregate amount of
208,465,605 euros, following a decision by the Board of Directors
on 22 May 2024.
Following this cancellation of such shares,
Crédit Agricole S.A.'s share capital amounts to 9,077,707,050
euros, comprising 3,025,902,350 shares, including 1,053,639
treasury shares held as at 10 January 2025 under the liquidity
agreement managed by Kepler Cheuvreux.
PRESS CONTACTS CRÉDIT AGRICOLE S.A.
Alexandre Barat +
33 1 57 72 12
19 alexandre.barat@credit-agricole-sa.fr
Olivier Tassain + 33
1 43 23 25
41 olivier.tassain@credit-agricole-sa.fr
Read all press releases at:
www.credit-agricole.com
- 2025 01 13 PR CASA - Cancellation of Shares (VA)
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