Vallourec: Monthly Information on Voting Rights and Share Capital

As an investor, keeping track of a company's voting rights and share capital is crucial for understanding its financial health and governance practices. Vallourec, a leading producer of seamless steel tubes and hollow sections for the energy and industrial markets, provides monthly information on these key metrics to keep shareholders informed. Let's dive into the latest updates and trends.



Voting Rights and Share Capital Evolution

Vallourec's total number of outstanding shares has seen a steady increase over the past year, from 237,271,828 in January 2024 to 238,084,623 in December 2024, representing a 0.34% increase. Similarly, the theoretical total number of voting rights has grown from 229,877,070 to 233,966,259, a 1.72% increase. The net total number of voting rights, which excludes shares without voting rights, has also increased, from 229,769,402 to 233,917,225, a 1.74% increase.

Theoretical vs. Net Voting Rights

The theoretical voting rights include all shares with voting rights, including those temporarily deprived of voting rights, while the net voting rights exclude shares without voting rights. This distinction is crucial for investors, as it impacts their voting power in shareholder meetings. Over the years, the relationship between theoretical and net voting rights has remained relatively stable for Vallourec, with the proportion of shares without voting rights remaining relatively constant.

Comparison with Industry Peers

To better understand Vallourec's voting rights and share capital figures, we can compare them to those of industry peers. For instance, Tenaris, another company in the same industry, has a significantly higher number of outstanding shares and voting rights compared to Vallourec. This could indicate that Tenaris is a larger company in terms of market capitalization or has more influence in the market.



Insights and Takeaways

Vallourec's voting rights and share capital figures have shown steady growth over the past year, indicating a positive trend in the company's financial health and governance practices. The stable relationship between theoretical and net voting rights suggests that the proportion of shares without voting rights has remained relatively constant, further supporting the company's commitment to transparency and shareholder engagement.

Comparing Vallourec's figures to those of industry peers provides valuable context for understanding the company's competitive advantages and challenges. While Vallourec may have a lower market capitalization or influence compared to some peers, its steady growth and commitment to transparency suggest a strong position in the market.

As an investor, keeping an eye on Vallourec's monthly information on voting rights and share capital can help you make informed decisions about your portfolio and stay up-to-date with the company's financial health and governance practices. By understanding these trends and comparing them to industry peers, you can gain valuable insights into Vallourec's competitive advantages and potential for growth.