Airbus has launched its 2024 Employee Share Ownership Plan (ESOP 2024), offering employees of its Moroccan subsidiaries the opportunity to become shareholders in the group under preferential conditions. This initiative is part of the European aerospace giant’s ongoing efforts to strengthen employee engagement worldwide.
ESOP 2024 is exclusively available to employees of Airbus Atlantic Maroc, Airbus Atlantic Maroc Composites, and Airbus Defence and Space Maroc. Through this plan, employees can purchase Airbus shares at a price fixed at the closing value of the Paris Stock Exchange on February 14, 2024—€150.26 (MAD 1,625.66) per share. A total of 3,650,000 shares is being offered under the program, including 1,825,000 newly issued shares.
To encourage participation, Airbus will grant additional free shares based on a progressive system:
5 shares purchased = 5 free shares (50% bonus)
10 shares purchased = 9 free shares (47% bonus)
30 shares purchased = 20 free shares (40% bonus)
Up to 100 shares purchased, entitling employees to 55 free shares
Employees can subscribe to the offer between February 22 and March 7, 2024, via the dedicated ESOP Airbus platform or by contacting a multilingual call center. Payments will be deducted directly from salaries, either in one installment or in three, between April and June 2024.
A three-year holding period applies, meaning employees will not be able to sell or transfer their shares before March 14, 2027. However, specific provisions have been made for employees leaving the company.
Airbus has been implementing employee share ownership plans for over 20 years, enabling its workforce to directly benefit from the group’s performance. In 2023, the ESOP recorded a 36% participation rate in Morocco, with over MAD 2.7 million invested by employees of Airbus Atlantic Maroc and Airbus Atlantic Maroc Composites.