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News  ›  GlobeNewswire Inc.

VALLOUREC INITIATES A €200 MILLION SHARE BUYBACK AND TARGETS TOTAL SHAREHOLDER RETURN TO BE AT LEAST €500 MILLION BY AUGUST 2026

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
VALLOUREC INITIATES A €200 MILLION SHARE BUYBACK AND TARGETS TOTAL SHAREHOLDER RETURN TO BE AT LEAST €500 MILLION BY AUGUST 2026

Vallourec announced a €200 million share buyback program through June 2026 to cover warrant dilution and service employee incentive plans. The company also plans to return approximately €300 million from warrant exercise proceeds plus 80-100% of 2025 cash generation through an extraordinary interim dividend in Q3 2026, targeting total shareholder returns of at least €500 million. No annual dividend for 2025 is planned.

Insights
BRK.B   positive

Purchased over 17.8 million Alphabet shares, indicating confidence in the tech company's future


VLOWY   positive

The company is demonstrating shareholder-friendly capital allocation through a substantial €200 million buyback program and commitment to €500 million in total shareholder returns by August 2026. This reflects confidence in the company's financial position and stock valuation, while maintaining disciplined leverage and liquidity constraints. The initiative aligns with management's strategy to enhance returns on capital and position Vallourec as a shareholder-friendly company within its peer group.