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Valeo SE (VLEEF)
- GlobeNewswire
Valeo Shareholders' Meeting 2024
PRESS RELEASE23 May 2024 Valeo Shareholders' Meeting 2024 Valeo's Shareholders' Meeting was held today. The Meeting was chaired by Gilles Michel, Chairman of the Board of Directors. All the resolutions were adopted. The shareholders approved the financial statements for the year ended December 31, 2023 as well as a dividend distribution of 0.40 euro per share. The ex-dividend date is set at May 28, 2024, and the record date at May 29, 2024. The dividend will be paid on May 30, 2024. The sharehol
- GlobeNewswire
Acquisition of shares
PRESS RELEASEParis, 15 May, 2024 Acquisition of shares 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 General Shareholders’ Meeting of May 24, 2023. According to the terms of the contract signed on March 11, 2024, Valeo acquired 2,175,683 shares on May 13, 2024 at an average price of 11.4906 euros. All these shares are allocated to cover the implementation of free and performance sha
- Reuters
Car parts maker Valeo posts lower first-quarter sales on weak EV demand
French car parts maker Valeo posted slightly lower first-quarter sales on Thursday, as weak electric vehicle (EV) high-voltage activity overshadowed its traditional powertrain business. "We're currently experiencing disappointing sales volumes for electric vehicles, particularly in Europe, where we have major programmes," CEO Christophe Perillat said in a media call. To face those uncertainties, Valeo has been careful to no longer have plants only specialized in high voltage, but able to address both hybrids and EVs, Perillat said.
