Valeo Group | 17 May, 2022 | 1 min

Acquisition of shares

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 General Shareholders’ Meeting of May 26, 2021.

According to the terms of the contract signed on March 24, 2022, Valeo acquired 3,031,189 shares on May 13, 2022 at an average price of €16.4952.

All these shares are allocated to cover the implementation of performance share plan and the allotment of shares to employees as part of their involvement in the performance and growth of the Company or the implementation of any company employee savings plan.