Core Viewpoint - Vallourec SA has implemented a share buyback program as authorized by its shareholders, aimed at enhancing shareholder value through the repurchase of its own shares [2]. Group 1: Share Buyback Program - The share buyback program was authorized during the Shareholders' General Meeting on May 22, 2025 [2]. - The total volume of shares repurchased from February 9, 2026, to February 13, 2026, amounted to 495,465 shares, with a daily weighted average purchase price of €18.5372 [3]. Group 2: Transaction Details - On February 9, 2026, Vallourec repurchased a total of 85,000 shares at a price of €18.6987 on XPAR [3]. - The highest daily volume of shares repurchased during this period was 108,161 shares on February 13, 2026, at a price of €18.2124 on XPAR [3]. Group 3: Company Overview - Vallourec is a global leader in premium tubular solutions for energy markets and industrial applications, employing nearly 13,000 people across more than 20 countries [4]. - The company focuses on delivering innovative and competitive tubular solutions for various demanding sectors, including oil and gas, power generation, and architectural projects [4]. Group 4: Market Information - Vallourec is listed on Euronext in Paris and is part of several indices, including CAC Mid 60 and SBF 120 [5]. - The company has established a Level 1 American Depositary Receipt (ADR) program in the United States, with a parity of 5:1 between ADR and ordinary shares [5].
VALLOUREC : DISCLOSURE OF TRADING IN OWN SHARES FROM 02/09/2026 TO 02/13/2026
Globenewswire·2026-02-16 18:29