The latest announcement is out from TotalEnergies SE ( (FR:TTE) ).
TotalEnergies SE has announced a capital increase reserved for its employees and former employees, aiming to enhance employee shareholding and involvement in the company’s growth. The initiative, approved by the Board of Directors, will offer up to 18 million shares, representing 0.75% of the company’s share capital, at a discounted subscription price. This move is part of TotalEnergies’ ongoing efforts to strengthen employee engagement and align their interests with the company’s long-term success, potentially impacting the company’s market positioning and stakeholder relations.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company involved in the production and marketing of various forms of energy, including oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. The company operates in about 120 countries and emphasizes sustainability in its strategy and operations.
YTD Price Performance: 2.30%
Average Trading Volume: 2,252,299
Technical Sentiment Signal: Hold
Current Market Cap: €111B
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