The Vallourec General Shareholders' Meeting of 23 May 2024 voted in favor of all the resolutions
May 23 2024 - 12:51PM
The Vallourec General Shareholders' Meeting of 23 May 2024 voted in
favor of all the resolutions
The Vallourec General Shareholders'
Meeting of 23 May 2024 voted in favor of all the
resolutions
Meudon (France), May 23, 2024 -
Vallourec announces that the Combined General Meeting of
shareholders, held today, chaired by Mr Philippe Guillemot with a
quorum of 76.02%, adopted all the resolutions put to the vote.
The General Shareholders' Meeting approved the
parent company and consolidated financial statements for the 2023
fiscal year and decided not to pay a dividend in respect of
2023.
The General Shareholders’ Meeting renewed the
mandate of Mrs Corine de Bilbao, ratified the co-optation and
renewed the mandate of Mr Luciano Siani Pires, appointed Mrs Frida
Norrbom Sams as a new director, and appointed Mr Genuino Magalhaes
Christino as a new director subject to the condition precedent of
the completion of the sale of Apollo’s stake in the Company to
ArcelorMittal.
The General Shareholders' Meeting approved the
compensation and benefits paid during or awarded for the year ended
31 December 2023 to the Company’s directors and officers and the
compensation policy applicable to the directors and officers for
2024.
A webcast of the General Shareholders'
Meeting of 23 May 2024 and the voting results for each resolution
will be available on Vallourec's website:
www.vallourec.com
About Vallourec
Vallourec is a world leader in premium tubular
solutions for the energy markets and for demanding industrial
applications such as oil & gas wells in harsh environments, new
generation power plants, challenging architectural projects, and
high-performance mechanical equipment. Vallourec’s pioneering
spirit and cutting edge R&D open new technological frontiers.
With close to 15,000 dedicated and passionate employees in more
than 20 countries, Vallourec works hand-in-hand with its customers
to offer more than just tubes: Vallourec delivers innovative, safe,
competitive and smart tubular solutions, to make every project
possible.
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.
In the United States, Vallourec has established
a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN
code: US92023R4074, Ticker: VLOWY). Parity between ADR and a
Vallourec ordinary share has been set at 5:1.
For further information, please contact:
Investor relations Connor LynaghTel: +1 (713)
409-7842connor.lynagh@vallourec.com |
Press relations Héloïse Rothenbühler Tel: +33 (0)1
41 03 77
50 heloise.rothenbuhler@vallourec.com
|
Individual shareholdersToll Free Number (from
France): 0 805 65 10 10 actionnaires@vallourec.com |
|
- Vallourec - Press release eng - General Meeting 2024