Become a Shareholder

Listed on Euronext in Paris (ISIN code: FR0000120354) and eligible for the Deferred Settlement System, Vallourec is included in the following indices:​ Euronext 100 and SBF 120.

There are two alternative methods by which you can become a Vallourec shareholder: 

 
  • You can buy Vallourec shares from a bank or financial intermediary who will act as custodian of your securities account or equity savings plan (plan d'épargne en actions: PEA). (You have the option of either holding your shares as bearer shares or keeping them in a managed registered account). 
  • You can buy shares through BNP Paribas Securities Services, which manages Vallourec's shareholding services. (You have the option of ho lding your shares in fully registered form).

​Please refer to the Section “Registered shares” heading for further information.

Your rights as a shareholder

The rights to dividends : the dividend is the portion of the company’s net profit distributed to the shareholders.​

The right to information : the company must provide shareholders with regular information on its financial position and all important developments that may cause its share price to fluctuate.

The right to vote : each share has the right to one vote, which the shareholder may exercise to vote on the resolutions put forward to General Meetings of Shareholders.

 

Double voting rights : shares that have been paid up in full and which can be shown to have been registered for four years in the name of the same shareholder have a voting right that is double that granted to other shares.

The right to participate in transactions involving the company’s capital : shareholders benefit from a preferential right to subscribe for shares or be allocated shares in the event of transactions involving the company’s capital (unless such rights are withdrawn by a decision taken at a General Meeting of shareholders).

 

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