(CercleFinance.com) – Crédit Agricole announces this evening that its Board of Directors has decided to reduce the company’s share capital by canceling 16,658,366 treasury shares representing around 0.5% of the share capital.
The final completion of the capital reduction took place on January 13, 2023.
These shares were bought back as part of a share buyback program, aimed at offsetting the dilutive effect of the 2022 capital increase reserved for employees.
Following this cancellation of shares, the share capital of Crédit Agricole SA amounts to 9,077,707,050 euros made up of 3,025,902,350 shares, including 1,892,954 treasury shares under the liquidity contract entered into with Kepler Hair as of January 12, 2023.
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