Societe Generale SA

GLE: XPAR (FRA)
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Société Générale Earnings: Cost Discipline Fuels Substantial Earnings Growth

Société Générale delivered strong results, showing impressive cost management that contributed to a 30% quarter-over-quarter and 70% half-over-half increase in net income. The bank announced a share buyback program and an interim dividend. Shares rose 7% on the market open on July 31.

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