Sanofi Launches Action 2026, Its Employee Share Ownership Plan at €59.87 per Share
Sanofi launches on Thursday Action 2026, its global share purchase plan reserved for employees, which is open to approximately 75,000 collaborators across 52 countries from June 9 to June 29. Now in its twelfth edition, this program strengthens the workforce's involvement in the pharmaceutical group's strategy.
Increasing Employee Participation in Capital
The program now counts nearly 90,000 shareholders among current and former Sanofi employees, who hold about 2.93% of the capital. In 2025 alone, more than 31,000 employees (44% of the total workforce) chose to invest in the group through this means. Belén Garijo, CEO, emphasizes that this increasing participation reflects the employees' confidence in the group's transformation and trajectory in the biopharmaceutical sector.
Terms and Schedule of the Offer
Employees will be able to subscribe to shares from June 9 to June 29, 2026, at a price of €59.87, corresponding to a 20% discount on the average of the 20 opening prices from May 6 to June 2. For every five shares subscribed, each employee will receive one free share (up to a limit of four free shares per participant). The subscription cap is set at 1,500 shares per employee, within the legal investment limit (25% of the annual gross salary minus voluntary contributions already paid into savings plans). A seniority condition of three months at the close of the offer period applies. The capital increase and the delivery of the securities are scheduled for the end of July 2026, for a maximum of 9,816,701 shares.
Governance and Regulatory Aspects
The shares will be admitted to Euronext Paris (ISIN code: FR0000120578) as soon as possible after the capital increase is closed. Employees in France must retain their shares for approximately five years (until May 31, 2031), except in the event of an early unlocking event provided for by the Labor Code. Outside of France, the duration may be reduced to three years (May 31, 2029) depending on applicable tax regimes. The shares will be held directly by the employees or via corporate mutual funds (FCPE), according to the legislation of each country.
