BRIEF

on VALEO (EPA:FR)

Capital Group Increases Its Stake in Valeo

Stock price chart of VALEO (EPA:FR) showing fluctuations.

On May 9, 2024, Los Angeles-based The Capital Group Companies, Inc. officially increased its stake in Valeo, crossing the 5% threshold. After this acquisition, the company now holds 5.12% of the capital and 4.57% of the voting rights of Valeo.

This transaction, which resulted from the purchase of shares on the market, was communicated to the Valeo company on May 7, 2024. The Capital Group acts as an investment advisor for various funds, including the positions of Capital Research and Management Company and Capital Group International Inc.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all VALEO news