Strategy & Results | 15 May, 2017 | 5 min

Acquisition of shares

Paris, May 15, 2017 – Valeo has requested the assistance of an Investment Services Provider in order to achieve certain objectives of its Share Buy-back Program, as authorized by the Combined Annual General Shareholders’ Meeting of May 26, 2016.

According to the terms of the Contract signed on March 6, 2017, Valeo acquired 1 228 009 shares on May 12, 2017 at an average price of 61.0745 euros.

All these shares will be allocated to cover the implementation of any stock option purchase plan, the allotment of shares to employees in respect of their participation in the proceeds of the company’s expansion and the implantation of any company savings plan.