finance.yahoo.com

Shareholders Back Couche-Tard’s Żabka Deal and Executive Pay Vote

Alimentation Couche-Tard logoAlimentation Couche-Tard
Sig3.57Sen+4.95Env+0.56Soc+0.21Gov+1.04
Zabka Group logoZabka Group
Sig4.29Sen+4.08Env0.00Soc0.00Gov+2.52

Alimentation Couche-Tard said its nonbinding advisory vote on executive compensation was approved while its Core + More strategy targets convenience categories and growth. The CEO expects completion of the Żabka transaction by year-end, pending regulatory approvals, with shareholders and managers representing about 57% of shares providing irrevocable tender commitments. Pro forma revenue is about $84B and adjusted EBITDA $7.8B, alongside higher U.S. distribution capacity and a dividend increase.

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