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An announcement from Eiffage ( (FR:FGR) ) is now available.
Eiffage has announced a capital increase reserved for its employees across several European countries, aiming to enhance its long-standing employee shareholding policy. This initiative involves issuing up to 3,750,000 new shares, representing a potential capital increase of 15 million euros, offered at a discounted rate to employees participating in the Group Savings Plan. These shares will be traded on Euronext Paris and will be immediately entitled to dividends, reflecting Eiffage’s commitment to involving its workforce in the company’s financial growth and aligning their interests with corporate success.
More about Eiffage
Eiffage is a major player in the construction and concessions industry, offering a wide range of services including infrastructure development, energy systems, and construction projects across various sectors. The company operates primarily in Europe and has a significant focus on employee shareholding as part of its corporate culture.
YTD Price Performance: 7.52%
Average Trading Volume: 94,681
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €8.85B
For an in-depth examination of FGR stock, go to TipRanks’ Stock Analysis page.