Carrefour (CA)

Index:

CAC 40

  12.94
   
  • Change Today:
     -0.34
  • 52 Week High:  16.03
  • 52 Week Low:  12.50
  • Currency: Euro
  • Shares Issued: 670.00m
  • Volume: 3,478,839
  • Market Cap:  8,666m
  • Beta: 0.31

Carrefour shares plunge on reports of fine over franchise management

By Josh White

Date: Tuesday 18 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Shares of French supermarket giant Carrefour fell sharply on Tuesday, following reports from French media indicating that the economic and finance ministry had recommended a substantial fine against the company for its franchise network management.
According to Reuters, the report from the daily newspaper La Lettre, included a 160-page subpoena suggesting a fine of €200m (£169.05m).

Neither Carrefour nor the Ministère de l'Économie had commented on the reports.

At 1053 CEST (0953 BST), shares in Carrefour were down 7.91% in Paris at €13.39, making for their lowest level since at least November 2020.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Carrefour Market Data

Currency Euro
Share Price   12.94
Change Today   -0.34
% Change -2.52 %
52 Week High  16.03
52 Week Low  12.50
Volume 3,478,839
Shares Issued 670.00m
Market Cap  8,666m
Beta 0.31

What The Brokers Say

Strong Buy 5
Buy 2
Neutral 7
Sell 4
Strong Sell 0
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 04-Jun-2025

Time Volume / Share Price
17:35 2,101 @  12.94
17:35 1,622 @  12.94
17:35 422 @  12.94
17:35 20,114 @  12.94
17:35 1,320 @  12.94

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