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Eramet launches €500M share capital increase with preferential subscription rights to reduce debt.

Company Fundamentals
13 Nov 2026, 14:00 WIB
Na
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Neutral
Eramet launches €500M share capital increase with preferential subscription rights to reduce debt.

Eramet announced a €500 million share capital increase through a rights issue, offering 6 new shares for every 5 existing shares at €14.49 each. The proceeds will be used to reduce the company's debt and strengthen its balance sheet as part of a previously announced funding plan. The French State, via the Agence des Participations de l’Etat, has committed to subscribe for about 64% of the issue, ensuring strong support. The new shares will be listed on Euronext Paris by December 4, 2026, and existing shareholders have preferential rights to subscribe or sell their rights during the subscription period from November 18 to 27, 2026.

Eramet's €500 million share capital increase is the subject here, providing context for readers. For those tracking Basic Materials, 31 of 83 US stocks rose while 52 fell. Notable prices as of Nov 13, 2026 13:11 WIB include WMS at USD 123.72 down 4.32%, TECK at USD 61.22 down 3.85% with 100% buy order activity on Pluang, and AYA at USD 23.55 down 3.84% also with 100% buy order activity.

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