Crédit Agricole announces the launch of its annual capital increase reserved for group employees worldwide (ACR 2024), which will offer more than 180,000 retired employees and former employees the opportunity to subscribe to new shares.

The subscription price will be equal to the arithmetic average of the Crédit Agricole share's opening prices from May 29 to June 25 inclusive, plus a 20% discount.

The subscription period will open on June 27 and close on July 10. The new shares will be issued on August 29 and will be eligible for the dividend paid in respect of 2024. The maximum number of shares to be issued is 32 million.

Copyright (c) 2024 CercleFinance.com. All rights reserved.