Schneider Electric raises €6 billion in private share placement
Bitget2026/10/20 07:16Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Schneider Electric placed 25,000,000 new ordinary shares in a €6 billion private placement to qualified investors on October 20, 2026.
- The €240 subscription price represents a discount of approximately 4.99% to the October 19 closing price of €252.60.
- The new shares represent approximately 4.32% of pre-issue share capital; existing shareholders had no preferential subscription rights.
- Net proceeds will partially finance the PTC acquisition, expected to close by Q3 2027, subject to regulatory approvals and closing conditions.
- Settlement of the capital increase is expected on October 22, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schneider Electric SE published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.
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