Vallourec Completes Weekly Share Repurchase; Nearly 500k Shares Acquired

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

Vallourec repurchased 495,465 shares at €18.5372 per share during February 9-13, 2026, continuing its shareholder-approved buyback program.

Vallourec Completes Weekly Share Repurchase; Nearly 500k Shares Acquired

Vallourec SA executed a share buyback program during the week of February 9-13, 2026, acquiring 495,465 shares at a weighted average price of €18.5372 per share. The repurchases were conducted across multiple trading venues, including XPAR, CEUX, TQEX, and AQEU, in accordance with the company's authorized capital program.

The buyback activity represents the company's continued execution of its shareholder-approved repurchase authorization, which was granted at the May 22, 2025 shareholders' meeting. Share repurchase programs are typically deployed to support employee compensation plans, reduce share count, or maintain liquidity in the company's equity.

The disclosure fulfills Vallourec's regulatory obligations under market abuse regulations, which require companies to publicly report details of share transactions executed during specified periods. The repurchase program demonstrates the company's confidence in its capital allocation strategy amid broader market conditions.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 16

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