on VALEO (EPA:FR)
Valeo Renews its Employee Share Ownership Plan
Valeo has announced the launch of a new employee share ownership plan. This initiative concerns approximately 81,000 eligible employees in 21 different countries and aims to integrate employees into the group's continued success. The current employee share ownership rate is already 5.10%.
This program is part of the Elevate 2028 strategic plan, which aims to improve profitability and significantly increase cash generation. Share subscriptions will be facilitated through a company mutual fund, or directly in certain countries.
The shares issued will carry current dividend rights and will be integrated into the existing capital, with a listing scheduled for November 18, 2026. The offer is open to employees with three months of seniority, including retirees, under specific conditions depending on the country.
R. E.
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