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Information about the Company and the capital
Information on the capital
to engage in market making activities with respect to Carrefour
●
Moreover, the maximum portion of capital that can be transferred
shares through an investment services provider, in the context
as blocks of securities may extend to the entire share buyback
of a liquidity contract conforming to the professional rules
programme.
approved by the French financial markets authority (
Autorité
The Company may not use the authority granted by the
des marchés financiers)
;
Shareholders’ Meeting of June
11, 2015 and continue to
to fulfill any stock option plan in respect of the Company, free
●
implement its share buyback program in the event of a tender
share allocation or other forms of allocation of shares or
offer involving shares or other securities issued or initiated by the
compensation related to the share price, to employees or
Company.
corporate officers of the Company or a Group company;
Maximum percentage of capital, maximum number and
5.
to allot or exchange shares, upon the exercise of rights
●
characteristics of the shares the Company intends to acquire and
attached to securities giving access to share capital;
maximum purchase price:
to keep shares and subsequently use them as payment or as
●
The maximum purchase price per share is €45
and the maximum
exchange within the scope of acquisitions, mergers, demergers
number of shares that may be purchased is 73,491,390 (
i.e.
or contributions, and under the limits set by the applicable
approximately 10% of the capital at March
31, 2015). The total
regulations;
amount that the Company may use to buy back its own shares
may not exceed €2,278,233,090
to cancel shares;
●
Given that the Company already held 4,803,179
treasury shares
to engage in any market making activities that may be
●
at May
31, 2015,
i.e.
0.65% of share capital as of that date, the
recognized by law or the French financial markets authority
maximum number of shares that may be purchased under this
(
Autorité des marchés financiers
).
authorization is 68,688,211.
The purchase, sale or transfer of shares may be carried out and
Term of the share buyback program
6.
paid for by any means, on one or more occasions, on the open
market or through a private transaction, including the use of
18 months from June
11, 2015 pursuant to the authorization
option mechanisms, derivatives – in particular the purchase of
granted at the Shareholders’ Meeting,
i.e.
until December
15,
call options – or securities giving a right to shares of the Company,
2016.
under the terms set forth by the market authorities.
Transactions carried out by way of acquisition, disposal or transfer under the previous share buyback program
7.
Percentage of capital held directly and indirectly by the Company
(in shares +
as percentage)
at
the beginning
of
the previous program on April 15, 2014
6,078,894
/ 0.84%
Number of shares cancelled over the past 24 months
Number of shares held at May 31, 2015
(in shares + as a percentage)
4,803,179
/ 0.65%
Gross book value of the portfolio
(in euros)
131,585,550
Market value of the portfolio
(in euros)
148,442,247
Total gross flows
Open positions on the day of the programme description’s publication
Purchases
Sales/Transfers
Open purchase position
Open sale position
Call options
Forward Call options Forward sales
Number of shares
34,069,410
35,345,125
purchased
purchases
sold
Average
maximum
maturity
805 days
269 days
Average
transaction price
26,39
28,23
Average exercise
price
29.91
25.184
Amount
899,075,233
997,703,554
2015 allocation of options
No options were granted in 2015.
260
2015 REGISTRATION DOCUMENT