(CercleFinance.com) – Valeo has achieved certain objectives of its share buyback program as authorized by the General Meeting of Shareholders of May 26, 2021.
Under the terms of the contract entered into on March 24, 2022, Valeo acquired on May 13, 2022, 3,031,189 shares at an average price of €16.4952.
‘ These shares are fully allocated for the purpose of covering the implementation of any performance share plan and the allocation of shares to employees in respect of their participation in the fruits of the expansion of the company or the implementation of any company savings plan’ indicates the group.