Valeo stock split
Paris, June 3, 2016 – On May 26, 2016, Valeo (Euronext: FR) announced that its Annual Shareholders' meeting had voted to divide the par value of the Valeo share in three (3).
As of Monday, June 6, 2016, the Valeo share will trade on a basis equal to the share price divided by three (3) under the new ISIN code FR0013176526. As of today, June 3, 2016, Valeo shares ceased trading under the ISIN code FR0000130338. Shares registered under the above code will be delisted as of June 6.
The payment date for the new shares is June 8, 2016.
Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO? emissions and to the development of intuitive driving.
In 2014, the Group generated sales of 12.7 billion euros and invested over 10% of its original equipment sales in research and development. Valeo has 133 plants, 16 research centers, 34 development centers, 15 distribution platforms and employs 78,500 people in 29 countries worldwide.
Valeo is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
For more information about the Valeo Group and its activities, please visit our website www.valeo.com
For more information, please contact:
Valeo Media Relations
Tel.: +33 (0)1 40 55 21 75/37 18