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Telecom Eireann, the Irish telephone company, will sell employees a $400 million, 14.9% stake as part of its planned intial public offering next year. The company is being privatized, with 35% of the shares already owned by Dutch and Swedish telephone companies.

The government of the United Kingdom announced that 150,000 employees of the Royal Mail will receive free shares when the postal service's shares go public, which is expected to happen in the next few weeks.

Employees of Champion International's Canton, NC, paper plant plan to use an ESOP to buy their facility. The ESOP will own 40% of the new company, with the rest owned primarily by the KPS Fund.

Publicly traded companies with significant 401(k) investments in employer stock performed worse relative to companies without company stock in their plans, according to a new study,

A new, definitive study of employee investments in 401(k) plans shows that the percentage of allocations going to company stock has gradually declined from a high of 19% in 1996 to 15% in 2004. Moreover, younger workers are less likely to invest in company stock than older ones.

Employer stock in 401(k) plans held steady at 19% of total plan assets, according to a comprehensive new report of the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI). The EBRI/ICI study is the most comprehensive analysis of 401(k) plan investments.

A bill to help employees in closely held companies defer taxation from the gain on exercised stock options and restricted stock units for shares that are not yet liquid has passed a key House Committee. H.R.

Rutgers University has established the J. Robert Beyster Professorship of Employee Ownership, the first endowed chair in this field.

For several years now, I've had the opportunity to sit on an independent judging panel that selects The Principal 10 Best Companies for Employee Financial Security. Over the years, employee ownership companies have often made the list, although few have applied.

Launched in October 2021 (timed to coincide with Employee Ownership Month!), EO Equals is a research-backed national media campaign designed to expand the employee ownership movement.