Crédit Agricole S.A. announces the reduction of its share capital through the cancellation of treasury shares purchased under a share repurchase program
Montrouge, 13 January 2023 |
Crédit Agricole S.A. announces the reduction of its share capital through the cancellation of treasury shares Purchase under A Share Program for repurchase
On 13 December 2022, the Board of Directors, acting on the authorization of the General Meeting of Shareholders, decided to reduce Crédit Agricole S.A.’s share capital by cancelling 16,658,366 treasury shares representing approximately 0.5% of the share capital.
This capital reduction takes effect from 13 January 2023.
The share purchase was made under a share-repurchase program. This was to offset the dilutive effects of the 2022 capital rise reserved for employees. It was implemented between 11 and 30 November 2022 for an aggregate of 160,297.995 euros.
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 1,892,954 treasury shares held under the liquidity agreement managed by Kepler Cheuvreux as at 12 January 2023.
CRÉDIT AGRICOLE S.A. PRESS CONTACT
Alexandre Barat : 01 57 72 12 19 – [email protected]
Olivier Tassain : 01 43 23 25 41 – [email protected]
Find our press release on: www.credit-agricole.com – www.creditagricole.info
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