Vallourec: 53.1% of Employees Subscribe to Vallourec Invest 2026 Offer
Vallourec announced on Thursday the successful outcome of its employee share ownership plan, Vallourec Invest 2026, with 5,305 subscribers out of 10,097 eligible employees across four countries. The subscription rate of 53.1% marks a significant increase from the previous year.
Increased Participation Across Four Geographic Areas
The employee share ownership offer was made available to eligible employees in France, the United States, Brazil, and the United Arab Emirates. This year, the participation rate reached 53.1%, up from 45.2% in 2025, showing increased adherence to the program. The total amount of subscriptions reached 4.5 million euros, up from 3.3 million euros collected in 2025. The plan includes a 20% discount and a matching contribution for participants.
Creation of Shares and Eligibility for Interim Dividend
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The operation led to the creation of 292,445 new shares at a subscription price of 15.51 euros per share, representing 0.12% of Vallourec's capital. The company's share capital now stands at 238,699,838 shares as of April 29, 2026. The shares subscribed in this edition will be eligible for the interim dividend payment announced by the Group in February. Philippe Guillemot, Chairman of the Board and CEO, stated: 'The success of Vallourec Invest 2026 reflects the renewed confidence of our teams in the Group's strategy and prospects.'
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