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Carrefour's majority shareholders say 'yes' to receive dividend in shares

Jun. 25, 2020 12:29 PM ETCarrefour SA (CRRFY) StockBy: SA News Team
  • The majority shareholders of Euronext Paris-listed Carrefour (OTCPK:CRRFY -0.9%) have elected to receive 2019 dividend in new shares admissible for trading from June 29.
  • It will lead to the issue of 10.35M new shares priced at €12.19/share, representing ~1.28% of the company's existing capital.
  • The new shares will carry dividend rights as from January 1, 2020
  • Further, the company will pay around €57M to shareholders which did not opt for the payment in shares, on June 29.

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