Vallourec Launches EUR200 Million Share Buyback Under FY26 Distribution Plan

12:03 AM EST, 01/08/2026 (MT Newswires) -- Vallourec (VK.PA) commenced a share buyback program of up to 200 million euros as part of its distribution plan for 2026, according to a Wednesday release. The program will run until June 30, with shares acquired under the scheme earmarked for a portion of the French tube manufacturer's warrants and long-term incentive plans. The warrants are expected to be issued before June ends. The company is looking to return at least 500 million euros in total to shareholders for 2026, with the 300 million euros allocated for the issuance of warrants and distribution of an interim dividend in the third quarter.