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An announcement from TotalEnergies SE ( (FR:TTE) ) is now available.
TotalEnergies SE announced a capital increase reserved for its employees, resulting in the issuance of over 11 million new shares. This initiative, which saw participation from 62,796 employees across 97 countries, reflects strong employee confidence and aligns with the company’s strategy to enhance employee shareholding. The capital increase, amounting to 449.3 million euros, reinforces TotalEnergies’ position as a leader in employee shareholding in Europe, further solidified by the ‘Grand Prix’ award from the French Federation of Employee Shareholding.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company that produces and markets a wide range of energies, including oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. With over 100,000 employees, the company is committed to providing reliable, affordable, and sustainable energy solutions worldwide, operating in about 120 countries and placing sustainability at the core of its strategy.
Learn more about TTE stock on TipRanks’ Stock Analysis page.