Valeo – Redemption of shares

Paris, may 15, 2017 – The company Valeo has requested the assistance of a Provider of Investment Services to the needs of the realization of certain objectives of its Share Buyback Program as authorised by the combined General Meeting of shareholders dated may 26, 2016.

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The terms of the Contract concluded on 6 march 2017, Valeo acquired on may 12, 1 228 009 shares at the average price of 61,0745 euros.
These shares will be fully allocated to pay for the implementation of any plan of options to purchase shares, the allocation of shares to employees in respect of their participation in the fruits of the company’s expansion and implementing any company savings plan.

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