Emmanuel Macron and Marine Le Pen cast their ballots in French presidential ...

Emmanuel Macron has won the French presidential election.

On Sunday, a run-off between incumbent Emmanuel Macron and far-right candidate Marine Le Pen resulted in a majority vote of 58.2 percent for Macron according to projections.

Following the announcement, Le Pen conceded from the race but said her results were still a personal victory and she will continue to fight for the French people.

Macron, 44, was first elected president in May 2017, this will be his second term. He is one of the few French presidents to win reelection, the last one being in 2002.

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When Macron was first elected, the investment banker-turned-politician promised to reform labor laws and improve France's economy.

This election, Macron proposed to improve the economy, foreign relations, environmental action, and more.

The election was a tense race with high stakes for the French people. Where Macron expressed his desire to make France a stronger and more involved country in the EU and NATO, Le Pen is the opposite.

Le Pen, 53, finished with 41.8 percent of the vote, which is significantly better than her results from the 2017 election where she lost to Macron.

Leader of the National Rally, the far-right party, Le Pen is known for making controversial statements. While the 53-year-old had softened her image, much of her campaign was based on anti-immigration policies.

Supporters react to the announcement of Emmanuel Macron's win in France THOMAS COEX/AFP via Getty Images

France's voting system works in two rounds, the first being when voters cast their initial votes. If no candidate obtains 50% of the votes then a second round is established.

In the second round, only the two candidates with the most amount of votes are eligible. Whichever candidate obtains a majority vote is declared the winner.

This year's second round produced a lower voter turnout compared to the first round.

Official votes will be counted in the following hour

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