As part of its €700 million share buyback program announced on February 20, Carrefour reports that 29 million shares were bought back between March 4 and June 3, for a total of €428 million.

The retail giant specifies that these share buy-backs comprised four million shares bought back at an average price of 15.68 euros, and 25 million acquired from Galfa for a total of 365 million euros.

Carrefour has entrusted an investment services provider with a share buy-back mandate to continue the program, with the new purchase period opening on June 18. The shares bought back will be held for future cancellation.

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