Shareholders’ corner

Letter to shareholders

Shareholders' Letters

Shareholders’ club

Do you want to get to know Vallourec better? Do you want to receive transparent, high-quality, exclusive information? Are you ready to invest in our company and create a personal relationship with us?
If so, our Shareholders’ Club may be right for you.

Through this entity and in compliance with its legal framework, we wish to promote sincere, continuous dialogue with our shareholders as well as strengthen the close, trusting relationships that we have built together.
Events for the Shareholders’ Club are organized regularly at our headquarters in Meudon. These are unique opportunities to take time to have discussions with our Investor Relations and Financial Communications teams.
These are also good occasions to share your view of the group, discuss any concerns you may have, and initiate a conversation about your expectations.

Above all, the Vallourec Shareholders’ Club is intended to be a space for people to speak their minds and engage in constructive dialogue. Join us!

Becoming a member of the Club:
- Join the Club
- Keep up with financial news
- Toll-free number: 0 800 505 110

Rights and benefits

We are the world leader in smart tubular solutions and complex tubular applications. The group is constantly evolving to better serve its customers and seize opportunities for development and value creation. This strategy has four key pillars:

Adapted to the energy challenges of the 21st century, our comprehensive and innovative solutions are designed for three main markets: oil, gas and petrochemicals; electric energy; and industry.
We are expanding our range to include digital solutions, particularly with connected or “smart” tubes.
We are developing a set of physical and digital services that are brought together in the Vallourec.smart offer. These services, which represent a new and more-inclusive customer experience, aim to support clients along the entire value chain by merging the best of our physical and digital skills.
Our local and international industrial presence allows our more than 17,000 employees in over 20 countries to work as closely as possible with our customers. This proximity guarantees our competitiveness: each of our four regions is able to serve its markets via industrial routes that are cost- and time-optimized from production to delivery.

Becoming a shareholder grants you certain rights:

Right to dividends: The dividend is the part of the company’s net profit that is distributed to shareholders.
Right to information: The company must, at regular intervals, inform its shareholders about its financial situation as well as any important news that could cause the share price to fluctuate.
Right to vote: Each share includes a right to vote that the shareholder can exercise in order to pronounce his/her opinion on resolutions that are proposed at annual general meetings.
Right to participate in capital transactions: Shareholders have a preferential right to subscribe to shares or to be allocated shares in the case of transactions involving the company’s capital, unless this right has been withdrawn by a decision made at the annual general meeting.

Several ways to become a shareholder:

Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service.
There are several ways to become a Vallourec shareholder:

Buy Vallourec shares from a bank or from the depositary financial intermediary of your securities account or equity savings plan (plan d’épargne en actions or PEA). It is possible to hold shares as bearer shares or to keep them in a managed registered account.
Buy shares from BNP Paribas Securities Services, which manages Vallourec’s shareholding services (it is possible to hold shares in fully registered form).

To learn more about the different ways to hold Vallourec shares, please consult the page “Registered Shares.”

Open a fully registered shareholding account