|Bid||11.20 x 200000|
|Ask||11.20 x 187000|
|Day's range||11.80 - 11.80|
|52-week range||11.80 - 11.80|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
French bank Credit Agricole said on Monday it would launch a 560 million euros ($680 million) share buyback programme by the end of the year to offset the impact of the scrip dividend payment option on earnings per share. It said the scrip dividend payment had resulted in the issuance of 175,330,851 new shares as 85% of its shareholders chose the option. "Credit Agricole SA intends to execute a share buyback programme by the end of the year, for around 560 million euros", the bank said in a statement.
PARIS (Reuters) -France's second-biggest listed bank Credit Agricole on Friday posted a 64% jump in net income in the first quarter as pandemic-related provisions for bad loans dropped while capital markets activities recorded a further quarterly rise. The lender joined other European banks which have also been able to rely on bumper trading volumes and lower credit risk provisions in early 2021 to offset low margins on lending. Credit Agricole's chief executive Philippe Brassac declined to give guidance on provisions against loan losses but expressed confidence.
Credit Agricole SA (CRARY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.