Vallourec launches €200M buyback and plans €300M dividend to return €500M to shareholders by Aug 2026.

Vallourec has launched a €200 million share buyback to offset expected share dilution from warrant exercises before June 2026, using repurchased shares to fulfill warrants and support employee compensation. The company also plans a special interim dividend in Q3 2026, returning about €300 million from warrant proceeds and a surplus of 80% to 100% of its 2025 cash generation not used for buybacks. Together, these measures aim to deliver at least €500 million in total shareholder returns by August 2026.