Employee share ownership

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L’ORÉAL ANNOUNCES LAUNCH OF NEW EMPLOYEE SHARE PLAN
Globenewswire· 2025-06-10 16:05
Core Points - L'Oréal has launched its fifth employee share ownership plan, allowing employees to purchase shares and participate in the company's development [1][2] - The plan will be available in 62 countries and offers a maximum of 300,000 shares, which is an increase of 25,000 shares compared to the previous year [1][2][7] - Currently, over 45,000 employees, nearly half of the workforce, are shareholders, reflecting the company's commitment to sharing economic value [2] Financial Details - The share purchase price is based on the average opening price of L'Oréal shares on the Euronext Paris exchange over the twenty trading days prior to June 6, 2025, with a 20% discount applied [3] - The subscription period for the share purchase will run from June 11, 2025, to June 25, 2025, with settlement planned for July 29, 2025 [7] Company Overview - L'Oréal has been a leader in the beauty industry for 115 years, focusing on fulfilling consumer beauty aspirations while committing to social and environmental sustainability [5] - The company generated sales of €43.48 billion in 2024 and employs over 90,000 people globally [6]
Renault Group strengthens value sharing through employee share ownership
Globenewswire· 2025-05-09 15:45
Core Points - Renault Group is renewing its employee share ownership plan for the fourth consecutive year, emphasizing value sharing and employee involvement in the company's performance and long-term strategy [1] - Nearly 100,000 eligible employees across 30 countries will receive three free shares, reinforcing the Group's commitment to social responsibility and recognizing employees as key drivers of long-term success [1][7] - Eligible employees in 24 countries can purchase shares at a preferential price of €31.34, reflecting a 30% discount from the reference price of €44.76 [2][7] - For every share purchased, employees will receive three additional free shares, resulting in a total of seven shares for an investment of €31.34, equating to a gross benefit of €281.98 [3][7] - Employee investment is capped at 25% of their estimated gross annual salary for 2025, ensuring a structured approach to participation [3] - As of December 31, 2024, employees held 5.63% of Renault Group's share capital, indicating a growing trend in employee ownership [7] Company Overview - Renault Group operates in 114 countries and sold 2.265 million vehicles in 2024, employing over 98,000 people [5] - The Group is focused on sustainable and innovative mobility solutions, with a commitment to achieving carbon neutrality in Europe by 2040 [6] - The Renaulution Shareplan aims to create an inclusive and participative company model, further enhancing employee engagement and ownership [7]