CREDIT AGRICOLE SA: Crédit Agricole S.A. announces the reduction of its share capital through the cancellation of treasury shares acquired under share repurchase programs
March 10 2022 - 11:45AM
CREDIT AGRICOLE SA: Crédit Agricole S.A. announces the reduction of
its share capital through the cancellation of treasury shares
acquired under share repurchase programs
Crédit Agricole S.A. announces the
reduction of its share capital through the cancellation of treasury
shares acquired under share repurchase programs
On 9 February 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 87,673,241 treasury shares representing approximately
2.8% of the share capital.
On 10 March 2022, the Chief Executive Officer,
upon delegation of the Board of Directors, recorded the final
completion of the capital reduction.
These shares were bought back under two share
repurchase programs implemented between 10 June 2021 and
21 September 2021, for an amount of 558.6 million euros, and
between 5 October 2021 and 14 December 2021, for an amount of 500
million euros.
Following this cancellation of shares, Crédit
Agricole S.A.'s share capital amounts to 9,077,707,050 euros,
comprising 3,025,902,350 shares, including 2,019,765 treasury
shares held under the liquidity contract as at 28 February
2022.
PRESS CONTACT CRÉDIT AGRICOLE S.A.
Charlotte de Chavagnac+
33 1 57 72 11
17 charlotte.dechavagnac@credit-agricole-sa.fr
All our press releases on: www.credit-agricole.com -
www.creditagricole.info
- 2022 03 10 CASA - Press Release - Cancellation of Shares
(ENG2)
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