Vallourec Announces Share Repurchase Program

Core Points - Vallourec announces a share repurchase program to buy back approximately 1.2 million shares by June 20, 2025, aimed at managing future equity dilution and supporting employee long-term incentive plans [1][2] Company Overview - Vallourec is a global leader in premium seamless tubular solutions, serving energy markets and demanding industrial applications, including oil & gas wells, power plants, and high-performance mechanical equipment [3] - The company employs nearly 13,000 people across more than 20 countries, focusing on delivering innovative and competitive tubular solutions [3] Stock Information - Vallourec is listed on Euronext Paris and is part of several indices, including CAC Mid 60, SBF 120, and Next 150 [4] - The company has a sponsored Level 1 American Depositary Receipt (ADR) program in the United States, with a parity set at 5:1 between ADR and ordinary shares [4]