on CARREFOUR PRO DEV (EPA:CARPD)
Carmila Initiates €10 Million Share Buyback Program
Carmila has announced a €10 million share buyback program. The initiative involves a cash share buyback mandate with an investment service provider. The buyback period is set to commence on 13 February 2025 and is expected to conclude by 30 June 2025. The repurchased shares are intended for future cancellation.
This buyback is part of a broader program approved by Carmila’s shareholders in April 2024. Carmila aims to enhance shareholder value through this strategic move.
Founded by Carrefour and institutional investors, Carmila owns shopping centers adjacent to Carrefour hypermarkets in Europe. The company has a significant commercial portfolio valued at €6.7 billion as of December 2024. Carmila is publicly traded on Euronext Paris.
R. E.
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