Shares in French retailer Carrefour SA (CA.FR) were up 3.7% at EUR23.96 early Tuesday afternoon, mainly because the share price at open took into account the group's low-cost unit Dia's first day of listing on the Madrid Stock Exchange, as well as the payment of an ordinary dividend, analysts and the Paris Stock Exchange operator NYSE Euronext (NYX) said.

Carrefour's stock closed Monday at EUR27.69, but the share price was adjusted to take into account a cash dividend of EUR1.08 and the EUR3.50 Dia share price estimated by banks upon NYSE Euronext's request, the operator said.

On an unadjusted basis, the shares were down 10%.

On June 21, Carrefour shareholders approved the spinoff of its Dia discount unit with each Carrefour investor receiving a Dia share for each Carrefour share. Dia was valued at EUR2.378 billion, representing EUR3.50 a share.

-By Amelie Baubeau, Dow Jones Newswires; +33 1 4017 1740; amelie.baubeau@dowjones.com

Grafico Azioni NYSE Group (NYSE:NYX)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di NYSE Group
Grafico Azioni NYSE Group (NYSE:NYX)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di NYSE Group