Transaction in Own Shares • Apr 29, 2022
Transaction in Own Shares
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As part of the €750m share buyback announced on February 16, 2022, and after the completion of a first tranche for an amount of €400m between March 7 and April 13, 2022, Carrefour announces that it has signed a share buyback mandate with an investment service provider for a second tranche of buybacks amounting to a maximum of €350m.
The purchase period will start on 2 May 2022 and end, subject to market conditions, at the latest, on 31 July 2022.
The shares so repurchased will be held by Carrefour with a view to their future cancellation.
This operation falls within the framework of Carrefour's share buyback program, as authorized by the General Meeting of shareholders of 21 May 2021.
As a reminder, a first tranche of buybacks for an amount of €400m has already been completed: 21,2 million shares were repurchased between March 7 and April 13, 2022, at an average price of 18.84 euros.
On April 20, 2022, the Board of Directors decided to reduce the share capital of Carrefour S.A. by cancelling the repurchased shares, representing approximately 3.6% of the share capital. Today, following this cancellation of shares, the number of shares making up the capital of Carrefour S.A. amounts to 754,663,786 shares and the number of voting shares amounts to 747,804,291 shares.
CONTACTS
Investor Relations Sébastien Valentin, Anthony Guglielmo, Louise Brun Tel : +33 (0)1 64 50 79 81 Shareholder Relations Tel : 0 805 902 902 (toll-free in France) Group Communication Tel : +33 (0)1 58 47 88 80
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