Credit Agricole Sa: End of Crédit Agricole S.A.’s share repurchase program
November 07 2024 - 11:55AM
UK Regulatory
Credit Agricole Sa: End of Crédit Agricole S.A.’s share repurchase
program
Montrouge, November 7th, 2024
End of Crédit Agricole S.A.’s share
repurchase program
Crédit Agricole S.A.’s share repurchase program, which
started on 1 October 2024, was fully completed on 6 November
2024.
As of 6 November 2024, 15,128,677 shares of Crédit Agricole S.A.
have been purchased pursuant to the irrevocable instruction given
to an independent investment services provider, for an aggregate
purchase price of 208 465 605 euros. Such irrevocable
instruction was therefore terminated as of the same date.
As previously announced, this transaction aims at offsetting the
dilutive effect of the 2024 capital increase reserved for
employees, and the shares purchased in the context of this share
repurchase program will be cancelled.
This transaction’s impact on Crédit Agricole S.A.'s CET1 ratio
is -5 basis points, and -3 basis points on Crédit Agricole group's
one.
Execution of the existing liquidity agreement with Kepler
Cheuvreux was temporarily suspended during the execution of the
share repurchase program and will resume.
CRÉDIT AGRICOLE S.A. PRESS CONTACT
Alexandre Barat : 01 57 72 12 19 –
alexandre.barat@credit-agricole-sa.fr
Olivier Tassain : 01 43 23 25 41 –
olivier.tassain@credit-agricole-sa.fr
Find our press release on: www.credit-agricole.com
- 2024 11 07 (GB) PR fin programme de rachat d'actions
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