Response from CarrefourSA to Sales Claims: Shares Increase

CarrefourSA Clarifies Sale Claims

CarrefourSA (CRFSA) has made an important statement regarding recent claims in the public domain about Sabancı Holding's (SAHOL) sale plans for the company. Following unusual price increases in its shares, the company aims to reassure investors with a statement addressing their concerns.

Share Price Movements and Company Statement

In the statement, it was noted, “There are no undisclosed special circumstances that could have led to the unusual price and volume movements of our shares (CRFSA) in recent times.” This statement carries an important message that has caught the attention of investors and analysts.

Background of the Claims

During an analyst meeting held by Sabancı Holding, speculation arose regarding the group's plans to exit its subsidiaries with low net profit margins and return on equity. According to reports from Reuters, CarrefourSA and Teknosa (TKNSA) were among the main companies considered in this context.

Following the claims, shares of CarrefourSA and Teknosa increased in the stock market. Analysts attributed this situation to the importance of investors being informed about potential sales. However, CarrefourSA's statement stands out as a further supporting element for the rise in shares.

Conclusion for Investors

CarrefourSA’s statement can be interpreted as an effort to prevent market fluctuations. Investors should closely follow companies' statements in such situations and avoid making investment decisions based on speculation.