Credit Agricole Sa: 2024 CAPITAL INCREASE RESERVED FOR EMPLOYEES

Written by Customer Service on . Posted in Public Companies.

Montrouge, August 29th, 2024

2024 CAPITAL INCREASE RESERVED FOR EMPLOYEES

Crédit Agricole S.A.’s capital increase reserved for the 180,000 Crédit Agricole Group employees and retired former employees1, the subscription period of which ran from 27 June to 10 July 2024, was completed on 29 August 2024. 23,918 people, in France and around the world, subscribed, for a total amount of €169.0 million.

The investment scheme proposed a subscription with a 20% discount on the share price, calculated according to the arithmetic average of the opening prices of the share between 29 May and 25 June 2024 inclusive. The new shares were issued and delivered today.

This capital increase created 15,128,677 shares, thereby bringing the total number of shares comprising the share capital of Crédit Agricole S.A. to 3,041,031,027.

This capital increase will be followed by a share buyback operation, aimed at offsetting its dilutive effect and subject to the ECB’s approval. Reserved capital increases are part of the Group’s employee profit-sharing policy.

1 Employees with a minimum of three months’ service in France and in 19 other countries, as well as retired former employees, will retain their assets in their PEE (plan d’épargne entreprise — company savings plan) in France 

Press contact of Crédit Agricole S.A.

Olivier Tassain:         olivier.tassain@credit-agricole-sa.fr        +33 6 75 90 26 66

All press releases on : www.credit-agricole.com

   

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.