Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Valéo    FR   FR0013176526

VALÉO (FR)

Real-time Quote. Real-time Tradegate - 09/30 08:43:25 am
50.545 EUR   -1.01%
09/29 VALEO : Presented its growth strategy in powertrain electrification ..
09/29 VALEO : S autonomous vehicle completes 24 hours on the paris beltway
09/29 VALEO : presented its growth strategy in powertrain electrification ..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

VALEO : Agreement for the partial management of the share buy-back program

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/13/2010 | 06:15pm CEST
PR Newswire/Les Echos/

Communiqué de Presse
Press release


Agreement for the partial management of the share buy-back program

PARIS, France, September 13, 2010 - Valeo has requested the assistance of an
Investment Services Provider in order to achieve certain objectives of its share
buy-back program, as authorized by the Combined Annual General shareholders'
meeting of June 3, 2010.

According to the terms of the Contract signed on September 13, 2010, the
Investment Services Provider will sell to Valeo, who undertakes to acquire them
at term, a certain quantity of Valeo within the limit of 32 million euros and 
1000 000 shares, at an average price determined in an objective an independent
manner by the market during the full term of the Contract and which may not in
any case exceed the maximum purchase price set by the Combined Annual General
shareholders' meeting of June 3, 2010. All these shares will be allocated to
cover the Implementation of any stock option purchase plan, the allotment of
shares to employees in respect of their participation in the proceeds of the
company's expansion and the implantation of any company savings plan.

Valeo is an independent industrial group fully focused on the design, production
and sale of components, integrated systems and modules for cars and trucks.
Valeo ranks among the world's top automotive suppliers. The Group has 117
plants, 61 R&D centers, 10 distribution centers, and employs 56,000 people in 27
countries worldwide.

For all additional information, please contact:
Thierry Lacorre, Investor Relations, Tel : +33 1.40.55.37.93

For more information about the Group and its activities, please visit our web
site www.valeo.com
                      
The content and accuracy of news releases published on this site and/or 
distributed by PR Newswire or its partners are the sole responsibility of the 
originating company or organisation. Whilst every effort is made to ensure the 
accuracy of our services, such releases are not actively monitored or reviewed 
by PR Newswire or its partners and under no circumstances shall PR Newswire or 
its partners be liable for any loss or damage resulting from the use of such 
information. All information should be checked prior to publication.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VALÉO
09/29 VALEO : Presented its growth strategy in powertrain electrification and autonomo..
09/29 VALEO : S autonomous vehicle completes 24 hours on the paris beltway
09/29 VALEO : presented its growth strategy in powertrain electrification and...
09/28 VALEO : launches ad campaign and unveils new brand signature
09/21 GEMALTO : and Valeo partner to turn your smartphone into a secure car key - Pres..
09/21 GLOBAL AUTOMOTIVE LIGHTING MARKET 20 : Hella KGAA Hueck and Co, Magneti Marelli,..
09/20 VALEO : launches an employee share offering
09/20 VALEO : As leader of the auto components industry, the Valeo Group becomes a...
09/20 VALEO : Shawnee County ups Valeo's budget by $200K after state Medicaid cuts
09/18 VALEO : Shawnee County Commission to consider contract with Valeo for mental hea..
More news
Sector news : Auto, Truck & Motorcycle Parts - NEC
09/15 Fiat Chrysler recalling 1.9 million cars for new air bag defect
09/10DJDenso to Buy Stake In Car-Tech Supplier -- WSJ
09/09DJGENERAL MOTORS : GM Recalls Over Four Million Autos for Air-Bag, Seat-Belt Issue..
09/09DJToyota's Biggest Supplier to Take Majority Stake in Self-Driving Tech Firm
09/06DJVolvo Cars and Autoliv Form Autonomous Driving Software JV
More sector news : Auto, Truck & Motorcycle Parts - NEC
News from SeekingAlpha
09/22 Ongoing Outperformance At Valeo Continues To Build Value
09/21 Wall Street's Skepticism About BorgWarner's Future May Still Mean Opportunity