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Carrefour tops Stoxx 600 index on strong performance in France
Europe’s largest food retailer Carrefour topped the pan-European Stoxx 600 index around 9.20 a.m. London time with a 8% increase in share price.
Carrefour announced a 800 million euro ($857 million) share buyback and increased dividends by 8% to 0.56 euros per share, Reuters reported.
France was “surprisingly strong” on topline and profitability, JPMorgan said, which combined with market share gains “should alleviate concerns around…


