Core Insights - Vallourec's employee share offering "Vallourec Invest 2025" has been successful, with participation from employees in multiple countries, reflecting the company's commitment to employee involvement in value creation [2][3][4] Group 1: Employee Share Offering - The program attracted 5,142 participants, nearly half of the eligible employees, indicating strong interest [3] - Participants received a 20% discount and a matching contribution as part of the offering [3] - The initiative resulted in the creation of 218,601 new shares, representing 0.09% of Vallourec's capital, increasing the total number of shares to 238,358,136 as of April 10, 2025 [4] Group 2: Company Overview - Vallourec is a leader in premium seamless tubular solutions, serving energy markets and demanding industrial applications [5] - The company employs close to 13,000 people across more than 20 countries, focusing on innovative and competitive tubular solutions [5] - Vallourec is listed on Euronext in Paris and is part of several indices, including CAC Mid 60 and SBF 120 [6]
Strong Endorsement of Vallourec’s Employee Share Offering
Globenewswire·2025-05-16 05:30