Norges Bank crosses thresholds at VALEO

On November 29, 2024, VALEO announced that Norges Bank had crossed downwards the thresholds of 5% of the company's capital and voting rights. This crossing, which occurred on November 27, was the result of a sale of shares on the market.

Norges Bank now holds 9,944,767 VALEO shares, equivalent to 4.07% of the capital and 3.63% of the voting rights. This holding is a minority stake compared to VALEO's total of 244,633,504 shares and 273,842,587 voting rights.

This move indicates a significant reduction in Norges Bank's stake in this French company listed on the Paris Stock Exchange (Euronext Paris), without the market receiving specific details on the strategic reasons for this transaction.