TotalEnergies launches 2026 employee share offering

(WO) — TotalEnergies has launched its 2026 employee share offering program, continuing the company’s long-standing effort to expand employee ownership participation across its global workforce.

The company said the annual capital increase program is reserved for employees and former employees participating in company savings plans.

According to TotalEnergies, employee shareholders held approximately 8.09% of the company’s share capital as of March 31, 2026.

Under the program, TotalEnergies plans to offer up to 18 million shares, representing approximately 0.8% of the company’s share capital at the time of the board’s approval.

The subscription period will open June 3 and close June 17, 2026.

TotalEnergies said the subscription price has been set at €62 per share, reflecting a 20% discount to the average closing share price over the 20 trading sessions preceding May 19.

The newly issued shares will carry the same rights as existing TotalEnergies shares and will be listed on both Euronext Paris and the New York Stock Exchange.

The company said the employee share offering supports its broader strategy of involving employees in long-term growth, value creation and energy transition initiatives.