Capgemini, a global leader in business and technology transformation, has announced the resounding success of its 11th Employee Share Ownership Plan (ESOP).
This year, over 55,000 employees from 32 countries participated in the plan, marking a significant increase from the previous year.
The overwhelming response reflects the trust and confidence that employees have in Capgemini’s strategy and ambitions.
Record Participation & Employee Trust
Aiman Ezzat, CEO of Capgemini, expressed pride in the success of the ESOP.
Aiman said, “With more than 55,000 employees from 32 countries participating this year, the success of our eleventh share ownership plan confirms the trust that our team members have in the Group’s strategy and ambition”.
This annual employee shareholder plan is a key tool to ensure that employees are associated with the benefits of the value created together.
The 11th ESOP represents 1.6% of Capgemini’s issued share capital. It will help maintain employee ownership at approximately 8% by year-end.
Employees subscribed to 2,700,000 new shares at a discounted price of €153.66 per share, which is 87.5% of the reference price of €175.61.
The total capital raised through the plan amounts to €415 million, with the capital increase scheduled for December 19, 2024.
To avoid shareholder dilution, Capgemini previously announced share buybacks on October 8, 2024.
Capgemini ESOP Plan: Strengthening Employee Engagement
The ESOP initiative is designed to strengthen employee engagement and align their interests with Capgemini’s growth and performance.
By involving employees in the company’s success, Capgemini aims to foster a sense of ownership and commitment among its workforce.
The company also announced ESOPs for 97% of its workforce in September, further emphasizing its commitment to employee involvement.
Capgemini is a responsible and diverse group of 340,000 team members in more than 50 countries.
Capgemini has a strong heritage of over 55 years.
The company delivers end-to-end services and solutions, leveraging strengths from strategy and design to engineering.
These services are fueled by its capabilities in AI, cloud, and data, combined with deep industry expertise and partner ecosystem.
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