Unilever Updates Share Capital Structure Following Issued Shares
Unilever PLC has announced an update to its share capital and voting rights following the recent issuance of shares under the company’s incentive plans. As of May 31, 2024, the company’s issued share capital stands at 2,489,501,301 ordinary shares, each carrying one vote per share.
This capital update includes an increase arising from the issuance of 1,420,530 new ordinary shares during May. These shares were allotted under Unilever’s employee share schemes, including performance- and share-based incentive plans—a standard corporate mechanism used to reward and retain talent at multiple levels of the organization.
With the total number of shares with voting rights now at 2,489,501,301, Unilever continues to maintain no shares held in treasury. This update also defines the figure that should be used as the denominator for calculating shareholdings for the purposes of disclosure under the UK’s FCA Disclosure Guidance and Transparency Rules.
The updated share capital structure may be of particular interest to institutional investors, ESG analysts tracking ownership concentration, and market participants benchmarking Unilever’s equity profile against broader consumer goods indices. It also reflects ongoing personnel investment through equity incentives, a common practice among leading FMCG multinationals as they align employee interests with long-term shareholder value creation.
This announcement is part of Unilever’s regular monthly reporting cycle and follows best practices in corporate transparency and investor communication. As capital structure continues to be a key area of focus for FMCG investors—particularly against the backdrop of sector-wide inflationary pressures and portfolio optimization—such disclosures are critical in informing shareholder engagement and market confidence.
Key Data as of May 31, 2024:
- Total issued share capital: 2,489,501,301 ordinary shares
- Shares with voting rights: 2,489,501,301
- Treasury shares: 0
FMCG market watchers may view this as a routine but important update, reaffirming Unilever’s commitment to transparent reporting and alignment between corporate actions and shareholder interests.