Stocks Market
TotalEnergies Announces Employee‑Only Capital Raise Approved by Moroccan AMMC
The Moroccan Capital Market Authority (AMMC) has officially cleared a prospectus for TotalEnergies SE’s employee‑only capital increase. Up to 18 million new shares will be offered at €62 each (≈ 664.39 MAD), with subscription open from 8‑17 June for staff of several TotalEnergies subsidiaries operating in Morocco.
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Regulatory Approval
On 5 June 2026, the Moroccan Capital Market Authority (AMMC) formally approved the prospectus for TotalEnergies SE’s capital increase that is limited to the company’s employees.
Deal Structure
The offering will comprise up to 18 million new shares at a subscription price of €62 per share (equivalent to ≈ 664.39 MAD). The subscription window for Moroccan participants runs from 8 June to 17 June 2026 inclusive.
Targeted Employees
The share allocation is aimed at staff of several TotalEnergies subsidiaries operating in Morocco, including:
- TotalEnergies Marketing Maroc
- Société d’Emplissage de Gaz d’Ouarzazate
- Société d’Emplissage de Gaz de Berrechid
- MAHATTA
- Composite Industrie Maroc
- HUTCH Maroc
Documentation
The prospectus is supplemented by the 2025 Universal Registration Document of TotalEnergies SE and the key information sheets of the relevant FCPEs. All documents are publicly available at the Moroccan subsidiaries’ headquarters, on TotalEnergies SE’s website, and on the AMMC portal.
Additional Context
This capital raise follows recent market activity, including other AMMC‑approved programs such as Cosumar’s share‑buyback and the publication of a new guide on the management of financial instruments under mandate.