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Become a shareholder 


Listed on the NYSE Euronext in Paris (ISIN code: FR0000120354) and eligible for the Deferred Settlement System, Vallourec is included in the following indices: MSCI World Index, Euronext 100 and CAC 40.


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 Caceis Corporate Trust, which manages Vallourec’s shareholding services. (You have the option of holding 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for shares or be allocated shares in the event of transactions involving the company’s capital (unless such rights are withdrawn by a decision taken at a General Meeting of shareholders).