Vallourec's Employee Share Offering Garners Strong Participation

Vallourec, a leader in seamless tubular solutions, announced successful participation in its employee share offering, "Vallourec Invest 2025." The initiative, newly extended to employees in Saudi Arabia, the UAE, Indonesia, and Singapore, joins existing programs in France, the U.S., and Brazil.

With 5,142 participants, nearly half of eligible employees took part, encouraging an initiative that includes a 20% discount and a matching contribution. The creation of 218,601 new shares, equivalent to 0.09% of Vallourec's capital, increases total shares to 238,358,136 as of April 10, 2025.

Philippe Guillemot, CEO, praised the program's success as a reflection of employee confidence in Vallourec's strategic plan and their commitment to the company's future.