TotalEnergies to Issue 18 Million Employee Shares at €62 Each
TotalEnergies SE’s board approved a capital increase of up to 18 million shares, representing 0.8% of share capital, reserved for employees and former employees with immediate dividend rights. Shares will be offered at €62 apiece—20% below the 20-session average—and subscribed from June 3 to June 17, 2026.
1. Capital Increase Details
TotalEnergies SE’s board authorized a capital increase in 2026 reserved for employees and former employees, issuing a maximum of 18 million new ordinary shares, representing 0.8% of the company’s share capital as of the board’s decision.
2. Subscription Terms
Subscription price has been set at €62 per share, reflecting the 20-trading-session average price reduced by a 20% discount and rounded to the highest tenth of a euro. The subscription window will open on June 3, 2026 and close on June 17, 2026 inclusive.
3. Employee Shareholding Background
As of March 31, 2026, employee shareholders held 8.09% of TotalEnergies SE’s share capital. This annual operation aligns with the company’s long-term policy to involve employees in its transition strategy and share value creation.
4. Listing and Rights
New shares will carry the same rights as existing ones, including immediate dividend entitlement, and will be listed on both Euronext Paris and the NYSE under ISIN FR0000120271 and CUSIP F92124100 on the same line as outstanding shares.