Carrefour (FR:CA) has released an update.
Carrefour Group has announced the continuation of its share buyback program, with a new phase starting on June 18, 2024, following the repurchase of 29 million shares for €428m. The shares acquired will be earmarked for future cancellation, aiming to reduce the company’s share capital and potentially increase the value of remaining shares. Carrefour is a leading global food retailer with over 14,000 stores and a workforce of 300,000, focusing on quality and accessible food.
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