Valeo launches its 2026 employee share ownership plan at €11.46 per share
The automotive equipment supplier has opened a new share subscription offering reserved for its employees, backed by its Elevate 2028 strategic plan. The operation concerns approximately 81,000 eligible employees and is based on a 20% discount applied to the reference price.
An offering rolled out to 81,000 eligible employees
Valeo announced on September 15, 2026 the launch of a share subscription offering reserved for group employees, offered to approximately 81,000 eligible employees spread across 21 countries. The scope covers France, Germany, Belgium, Brazil, China, South Korea, Egypt, Spain, the United States, Hungary, India, Ireland, Italy, Japan, Malaysia, Mexico, Poland, the Czech Republic, Romania, Thailand and Turkey.
According to the group, one in two employees currently holds Valeo shares directly or indirectly, and the employee shareholding rate reached 5.10% as of June 30, 2026. The offering is also open in France to former retired and pre-retired employees who have retained assets in the Group Savings Plan.
The group presents this operation as part of the momentum of its Elevate 2028 strategic plan, which aims to accelerate the financial trajectory through increased profitability and enhanced cash generation.
Price set at €11.46 and five-year lock-up
The subscription price was set on September 14, 2026 at €11.46, corresponding to the average opening prices of the share over 20 trading sessions between August 17 and September 11, 2026 inclusive, after applying a 20% discount. The offering covers a maximum amount of 1,200,000 Valeo shares, with a nominal value of €1 per share.
The subscription period is open from September 15 to September 29, 2026 inclusive. Employees will be able to subscribe through a company mutual fund or, in certain countries, through direct shareholding, with employer contributions for subscriptions made under the Group Savings Plan.
The units and shares subscribed will be locked for a period of approximately five years, except in cases of early release provided for by the Labor Code. The capital increase and delivery of shares are expected to take place on November 18, 2026.
