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CREDIT AGRICOLE SA: Crédit Agricole S.A. launches a Share Repurchase Program for up to 15,128,677 ordinary shares of the Company
Credit AgricoleCredit Agricole(US:CRARY) GlobeNewswire News Room·2024-09-30 16:00

Core Viewpoint - Crédit Agricole S.A. has announced a share repurchase program for up to 15,128,677 ordinary shares, aimed at offsetting the dilutive effect of a capital increase reserved for employees [1][2]. Group 1: Share Repurchase Program Details - The share repurchase program will commence on October 1, 2024, and conclude no later than November 29, 2024 [1]. - Shares acquired under this program will be cancelled [1]. - An independent investment services provider has been instructed to execute the share purchases during the specified period [2]. Group 2: Regulatory Compliance - The share purchases will be conducted on the regulated market of Euronext Paris and will adhere to the relevant regulatory technical standards [3]. - The existing liquidity agreement with Kepler Cheuvreux will be temporarily suspended during the execution of the share repurchase program [4]. Group 3: Documentation and Transparency - Details of the share repurchase program are available in the Universal Registration Document filed with the Autorité des marchés financiers [5].