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Credit Agricole Sa: 2025 CAPITAL INCREASE RESERVED FOR EMPLOYEES
Globenewswire· 2025-08-28 15:45
Press release Montrouge, 28 august 2025 2025 CAPITAL INCREASE RESERVED FOR EMPLOYEES Crédit Agricole S.A.’s capital increase reserved for the 190,000 Crédit Agricole Group employees and retired former employees1, the subscription period of which ran from 24 June to 8 July 2025, was completed on 28 August 2025. 37,533 people, in France and around the world, subscribed, for a total amount of €294.5 million. The investment scheme proposed a subscription with a 20% discount on the share price, calculated accor ...
Credit Agricole Sa: 2025 CAPITAL INCREASE RESERVED FOR EMPLOYEES OF THE CRÉDIT AGRICOLE GROUP
GlobeNewswire News Room· 2025-05-28 06:00
Core Viewpoint - Crédit Agricole S.A. is launching its annual capital increase reserved for employees, allowing eligible employees and retired former employees to subscribe to new shares at a discounted price [1][2]. Group 1: Capital Increase Details - The capital increase is reserved for 190,000 eligible employees and retired former employees of the Crédit Agricole Group [2]. - The subscription price for the new shares will be set at the arithmetic mean of the opening share prices from May 26 to June 20, 2025, with a 20% discount applied [2]. - The subscription period is scheduled to start on June 24, 2025, and end on July 8, 2025 [2]. Group 2: Share Issuance and Financial Impact - New shares will be issued on August 28, 2025, and will qualify for dividends related to the 2025 financial year [3]. - A maximum of 32 million shares may be issued, with a total par value of €96 million [3]. - Following the capital increase, a share buyback operation will be conducted to mitigate the dilutive effect, pending approval from the European Central Bank (ECB) [3]. Group 3: Employee Profit-Sharing Policy - This capital increase is part of Crédit Agricole Group's policy on employee profit-sharing linked to financial performance [3].