Eramet confirms EUR 500 million raise as Eramet stock sits 57.64 percent below its high

Published on 10/18/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

State backing limits voting rights to 49 percent after the capital raise. The next revenue update for Eramet stock is October 29, 2026.

Balance sheet and reporting dates

Eramet confirmed a EUR 500.00 million capital increase on October 12, 2026.
The French State will subscribe for 27.10 percent of the capital while keeping voting rights below 49 percent.
Eramet will publish its third-quarter 2026 revenue on October 29, 2026.
Market capitalization stood at EUR 1.1 billion as of October 16, 2026.

Eramet, FR0000131757, Illustration mit AI erstellt.

Eramet (ISIN FR0000131757) confirmed a EUR 500.00 million capital increase for the fourth quarter of 2026 on October 12, 2026, backed by the French State and its reference shareholders, according to Eramet. The financing plan is designed to strengthen equity, support bank covenant compliance and preserve the group's strategy. For investors, the key issue is balance-sheet execution rather than a new operating forecast.

Capital raise sets ownership limits

The French State's investment vehicle will subscribe for its 27.10 percent share of the capital increase and may acquire rights from Sorame-CEIR. Its effective voting rights will remain below 49 percent, while Sorame-CEIR has committed to hold no more than 30 percent of effective voting rights after the required approvals, according to the company release dated October 12, 2026.

The transaction also changes the dividend framework. Eramet said distributions will resume only after adjusted leverage falls below 1.0 times. The planned raise therefore addresses both immediate financing needs and the conditions attached to future shareholder returns.

What comes next for Eramet?

The next concrete checkpoint is the group's third-quarter 2026 revenue publication on October 29, 2026. The company says the capital increase is planned after that update and before the end of 2026, subject to market conditions and regulatory approval.

Investing.com reported on October 13, 2026 that BofA Securities kept a Buy rating and a EUR 56.00 price target. The target assumes a EUR 500.00 million equity raise near the market price and reflects the importance of asset monetization and cash-flow improvement.

Stock context after October 16

On Euronext Paris, Eramet closed at EUR 37.36 on October 16, 2026. The 52-week range was EUR 36.00 to EUR 88.20, leaving the closing price 57.64 percent below the high. Market capitalization stood at EUR 1.1 billion as of October 16, 2026.

The further course of trading is shown by the continuously updated real-time quote of Eramet stock.