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Staff share take-up is a big vote of confidence in Capgemini

Paris Bourse
Paul Hermelin

Paris: Capgemini staff gave a strong vote of confidence in the firm last week by taking up shares in the global IT consultancy.

Six million shares offered to employees as part of Capgemini's second global employee-shareholding plan were fully subscribed.

The six million newly-issued shares were subscribed at a price of 25.76 euros and carry rights to dividends distributed in respect of the period as from January 1, 2012.

The corresponding capital increase, carried out on September 27, rises to 154.56 million euros and brings the number of shares comprising Capgemini's share capital to 161,770,362 on January 1, 2012.

This successful operation follows a previous share offer in 2009, and results in a significant increase in employee ownership of Group capital, which reached almost 7% on September 27 compared with 3.4% on December 31, 2011: employees thus become one of the major shareholders of the Group.

Capgemini says it is also testament to the evolution of the Group's geographical activities, with subscribers including those from two new countries: Brazil and Guatemala.

Paul Hermelin, Capgemini Chairman and CEO said, "The objective of this employee-shareholding plan was to associate, over the long-term, the greatest number of employees with the company's development and performance, while stabilizing our capital. We now rank among the top CAC 40 (French quoted) companies in terms of employee shareholding."

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