TotalEnergies Announces Employee-Only Capital Increase at €62
TotalEnergies announced on Friday a capital increase reserved for employees and former employees for 2026. The operation continues the group's policy of promoting employee share ownership and involving employees in its energy transition strategy and value creation.
18 Million Shares at €62, with a 20% Discount Applied
The Board of Directors has decided to proceed with a capital increase of 18 million shares, representing 0.8% of the share capital. The new shares will be of the same category as the existing shares and will have the same rights. They will be admitted for trading on Euronext and the NYSE under the same line as the existing shares (ISIN FR0000120271).
The subscription price is set at €62 per share, corresponding to the arithmetic average of the closing prices of the twenty sessions preceding May 19, 2026, reduced by a 20% discount. Subscriptions will open on June 3, 2026, and close on June 17, 2026.
Approximately 120,000 Potential Beneficiaries and Immediate Matching
About 120,000 beneficiaries are likely to subscribe to this capital increase. Eligible are employees with at least three months of seniority in the Company on the last day of the subscription period, as well as former employees who have retired or taken early retirement and have made at least one payment into the PEG‑A and still hold assets placed in this plan (PEG‑A members).
Participants will benefit from an immediate matching in the form of free share allocation, limited to ten free shares per person and within the overall ceiling set by the Board. The subscribed shares must be held for a five-year lock-up period, unless early release is provided for by law.
