Valeo - End of the share buy back program

Core Viewpoint - Valeo has concluded its share buy-back program, having acquired a total of 2,584,352 shares at an average price of 9.6736 euros as part of its strategy to support employee share plans and enhance company performance [2][3]. Group 1: Share Buy-Back Program - Valeo initiated a share buy-back program as authorized by the General Shareholders' Meeting on May 22, 2025 [2]. - The company signed a contract on June 17, 2025, to facilitate the acquisition of shares [2]. - The shares acquired are intended to cover free and performance share plans, employee involvement in company growth, and other employee savings plans [3]. Group 2: Company Overview - Valeo is a technology company that partners with automakers and new mobility players globally, focusing on safer, smarter, and more sustainable mobility solutions [4]. - The company has a strong presence in four key areas: electrification, driving assistance systems, interior experience reinvention, and lighting, which are crucial for the transformation of mobility [4]. - As of February 28, 2025, Valeo reported sales of 21.5 billion euros, employed 106,100 people, and operated in 28 countries with 155 plants and 64 research and development centers [5].