Valeo SE
PAR:FR
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FR's latest stock split occurred on Jun 6, 2016
The company executed a 959692-for-319897 stock split, meaning that for every 319897 shares held, investors received 959692 new shares.
Before the split, FR traded at 134.5499 per share. Afterward, the share price was about 39.459.
The adjusted shares began trading on Jun 6, 2016. This was FR's 8th stock split, following the previous one in Jun 2, 1997.
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Valeo SE
Glance View
Valeo SE, a formidable player in the global automotive industry, is headquartered in France and has carved out a significant niche by leveraging innovation to drive efficiency and sustainability in transportation. Founded back in 1923, the company evolved from producing brake linings to a diversified automotive supplier offering a wide array of products and solutions. Today, Valeo stands at the forefront of automotive technology, focusing on the design, production, and sale of components, integrated systems, and modules that contribute to the reduction of CO2 emissions. From powertrain systems that enhance vehicle performance to thermal systems ensuring optimized comfort, Valeo's extensive product portfolio spans the entire spectrum of automotive needs. The company's revenue streams are strategically diversified across several product categories, including Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems. This diversification not only stabilizes Valeo financially but also positions it well to capitalize on expanding trends such as electric vehicles and automated driving. Central to Valeo's success are its investments in research and development, which have propelled its advancements in high-tech solutions like LiDAR technology for autonomous vehicles. The synergy between innovative engineering and strategic partnerships has enabled Valeo to consistently deliver on its promise of transforming the automotive experience, underlining its commitment to both shareholders and the global objective of sustainable mobility.
