Vallourec Announces €650 Million Shareholder Return Plan
Vallourec SA (EPA:VLLP) saw its share price increase by 2.1% after the company confirmed an intention to return close to €650 million to shareholders in fiscal year 2026. The announcement followed the completion of its share buyback programme on 30 June 2026, during which the company also fully exercised all outstanding warrants.
The €650 million amount will be distributed through an exceptional interim dividend for FY 2026, subject to approval by shareholders. This dividend, together with the completed buyback, constitutes the total shareholder return plan disclosed by Vallourec.