Overview of Voting Rights and Share Capital at Vallourec
VALLOUREC
Vallourec is a French limited liability company (société anonyme) governed by a Board of Directors, with a share capital of €4,755,686.18. The company's registered office is situated at 12, rue de la Verrerie, 92190 Meudon, France. Vallourec is officially listed on the Nanterre Trade and Companies Register under the number 552 142 200.
Monthly Update: Total Number of Voting Rights
As mandated by Article L. 233-8-II of the French Code de commerce and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers (AMF), Vallourec shares essential updates each month regarding the total voting rights and shares that make up its share capital.
Monthly Voting Rights Summary
Below are the most recent figures regarding Vallourec's outstanding shares and voting rights:
Date: 31 August 2024 - Total Number of Outstanding Shares: 237,784,309 - Theoretical Total Number of Voting Rights: 230,244,702 - Net Total Number of Voting Rights: 230,244,702
Date: 31 July 2024 - Total Number of Outstanding Shares: 237,784,309 - Theoretical Total Number of Voting Rights: 229,947,719 - Net Total Number of Voting Rights: 229,947,719
Date: 30 June 2024 - Total Number of Outstanding Shares: 237,271,828 - Theoretical Total Number of Voting Rights: 229,877,070 - Net Total Number of Voting Rights: 229,769,402
Date: 31 May 2024 - Total Number of Outstanding Shares: 237,271,828 - Theoretical Total Number of Voting Rights: 229,877,070 - Net Total Number of Voting Rights: 229,769,402
Date: 30 April 2024 - Total Number of Outstanding Shares: 237,271,828 - Theoretical Total Number of Voting Rights: 229,877,070 - Net Total Number of Voting Rights: 229,769,402
Understanding Voting Rights Calculation
According to Article 223-11 of the AMF General Regulations, the theoretical (or gross) number of voting rights incorporates shares with voting rights—including those temporarily stripped of voting rights (like treasury shares)—but it excludes shares that can't vote (such as preferred shares).
Conversely, the net number of voting rights, which is computed at Shareholders’ Meetings, is derived by excluding non-voting shares. This approach strengthens transparency for all involved.
Company Bylaws on Shareholder Notifications
Vallourec's bylaws require shareholders to report any threshold crossings, in addition to meeting the legal stipulations surrounding ownership thresholds.
Availability of Information
Shareholders and other interested parties can easily access this important information through Vallourec’s official website. The company is committed to making all regulated details readily available for review.
Frequently Asked Questions
What is the share capital of Vallourec?
Vallourec's share capital is €4,755,686.18.
How often does Vallourec update its voting rights?
The company updates the total number of voting rights and outstanding shares on a monthly basis.
What are the theoretical voting rights at Vallourec?
Theoretical voting rights consist of shares with voting capabilities, whereas net voting rights don't include shares that lack voting privileges.
Where can I find Vallourec’s regulated information?
You can find Vallourec’s regulated information on their official website, which provides straightforward access for stakeholders.
Do the bylaws of Vallourec impose additional notification obligations?
Yes, the bylaws state that shareholders must declare when crossing thresholds, in addition to adhering to legal requirements.
