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FX.co ★ Sanofi Launches 2024 Employee Stock Purchase Plan - Quick Facts

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typeContent_19130:::2024-05-31T11:17:00

Sanofi Launches 2024 Employee Stock Purchase Plan - Quick Facts

Sanofi has announced the initiation of its global employee shareholder plan, Action 2024, which will be available to approximately 80,000 employees across 56 countries starting on June 4, 2024. From June 4 through June 24, employees will have the opportunity to purchase shares at a subscription price of 72.87 euros each. Additionally, for every five shares purchased, employees will receive one complimentary matching share. The total maximum number of Sanofi shares that can be issued under this offer is capped at 12.6 million shares.

Currently, nearly 75,000 current or former Sanofi employees are shareholders, collectively owning about 2.58% of the company's capital.

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