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Eiffage Announces Employee-Focused Capital Increase

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Eiffage Announces Employee-Focused Capital Increase

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.

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Questions or Comments about the article? Write to editor@tipranks.com
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