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Renault employees will hold 4.7% of the group's capital


The manufacturer has completed its employee shareholding plan: 95,000 employees will hold shares in Losange.

Investors are mixed.

The employees believe in it.

In mid-November, a week after Renault's investor day during which its managing director, Luca de Meo, drew up the group's roadmap, Losange launched a new employee shareholding plan.

If investors were not enthusiastic the day after the presentation of the new organization into five divisions, with the arrival of new investors, at least 40,000 employees wanted to invest.

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Overall, 95,000 employees out of the 110,000 in the Renault group will hold 6 free shares.

Among them, more than 40,000 also subscribed to shares at a preferential price of 22.02 euros.

In total, the operation will enable the transfer to group employees of approximately 2,698,190 additional shares, representing 0.91% of the capital of Renault SA, held through a company mutual fund ( FCPE) or, in some countries, directly to a registered account.

An average investment of 1,160 euros

As part of this plan, the matching contributions offered by Renault Group amount to more than 812,608 shares which will be given free of charge to 95,396 employees on February 7th.

40,307 employees also subscribed to additional shares, investing an average amount of 1,160 euros per person.

This subscription represents 41,520,000 euros, or 1,885,590 shares.

Read alsoRenault entrusts Spain with the production of its hybrids

Management's objective was to triple the number of employee shareholders by 2030 to reach 10% of the capital by 2030, compared to approximately 3.5% before this new plan.

“We are delighted with the success of the Group's employee shareholding operation.

It testifies to the confidence of employees in our Renaulution plan and in the strategic orientations announced last November,

said Luca de Meo, the general manager of the Renault group in a press release.


With employee shareholding, all of the teams benefit from the value that we create and that we associate with the group's performance over the long term.

Employees will hold approximately 4.7% of the capital following the Renaulution Shareplan operation.

This is an important additional step in our ambition to reach 10% employee shareholders by 2030.”

Source: lefigaro

All business articles on 2023-01-09

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