Shareholders Back Couche-Tard’s Żabka Deal and Executive Pay Vote
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.
Coverage (4)
- Alimentation Couche-Tard Eyes Record Żabka Deal as Shareholders Back Growth Strategy (finance.yahoo.com)
- Alimentation Couche-Tard Eyes Record Żabka Deal as Shareholders Back Growth Strategy (marketbeat.com)
- Alimentation Couche-Tard reports merchandise, service revenues up 4.1% from year ago (cspdailynews.com)
- ALIMENTATION COUCHE-TARD ANNOUNCES ITS RESULTS FOR ITS FIRST QUARTER OF FISCAL YEAR 2027 (prnewswire.com)