Latest news with #Meudon
Yahoo
27-05-2025
- Business
- Yahoo
Vallourec Announces Share Repurchase Program
Press release VALLOUREC ANNOUNCES SHARE REPURCHASE PROGRAM Meudon (France), May 27, 2025 – Vallourec, a world leader in premium seamless tubular solutions, announces its intention to repurchase shares. Vallourec intends to execute a buyback in the amount of approximately 1.2 million shares which will be carried out by June 20th. The repurchased shares will be allocated to the service of employees' long term incentive plans. This buyback reflects the desire of Vallourec to manage future equity dilution and will be carried out in accordance with the buyback program approved by the General Shareholders' Meeting of May 22, 2025 (ninth resolution), which is described in section 5.2.4.2 of the 2024 Universal Registration Document. About Vallourec Vallourec is a world leader in premium seamless tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting edge R&D open new technological frontiers. With close to 13,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible. Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service. In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1. For further information, please contact: Investor relations:Connor LynaghTel: +1 (713) Individual shareholders: Toll Free number (From France): 0 805 65 10 10 actionnaires@ Press relations: TaddeoRomain GrièreTel: +33 (0)7 86 53 17 Nicolas Escoulan Tel: +33 (0)6 42 19 14 74 Attachment Vallourec_Press Release_Share Repurchase ProgramSign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Vallourec: Adjustment of the Exercise Ratio of the Warrants
Press release ADJUSTMENT OF THE EXERCISE RATIO OF THE WARRANTS Meudon (France), May 26, 2025 – Vallourec informs the holders of warrants ('BSA') (ISIN Code: FR00140030K7) that the exercise ratio (Parité d'Exercice)1 of the BSA will be adjusted from 1 ordinary share to 1.098 ordinary share per BSA as from the ex-dividend date, May 26th 2025, with respect to the fiscal year 2024. On that basis, the number of Vallourec shares resulting from the potential exercise of all the BSA would be equal to 33,315,886 shares.2 This adjustment, pursuant to the provisions of section 4.2.8.4. of the note d'opération (AMF visa n°21-093 of March 31, 2021), results from the dividend detached by Vallourec in respect of the fiscal year 2024. About Vallourec Vallourec is a world leader in premium seamless tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting edge R&D open new technological frontiers. With close to 13,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible. Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service. In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1. For further information, please contact: Investor relations:Connor LynaghTel: +1 (713) Individual shareholders: Toll Free number (From France): 0 805 65 10 10 actionnaires@ Press relations: TaddeoRomain GrièreTel: +33 (0)7 86 53 17 Nicolas EscoulanTel: +33 (0)6 42 19 14 1 As defined under the note d'opération referred to hereafter. 2 Corresponding to 30,342,337 Vallourec shares before adjustment of the exercise ratio of the BSA. Attachment Vallourec_Press Release_Information to the warrantholder - dividend distributionError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
20-05-2025
- Business
- National Post
2025 Thales Data Threat Report Reveals Nearly 70% of Organizations Identify AI's Fast-Moving Ecosystem as Top GenAI-Related Security Risk
Article content Article content 73% are investing in AI-specific security tools with either new or existing budgets. Malware remains top attack type since 2021; phishing rises to second, ransomware drops to third. 60% identified future decryption of today's data and future encryption compromise as major concerns among quantum computing security threats. Article content MEUDON, France — Thales today announced the release of the 2025 Thales Data Threat Report, its annual report on the latest data security threats, trends, and emerging topics based on a survey conducted by S&P Global Market Intelligence 451 Research of more than 3,100 IT and security professionals in 20 countries across 15 industries. This year's report found that nearly 70% of organizations view the rapid pace of AI development 1 —particularly in generative AI—as the leading security concern related to its adoption, followed by lack of integrity (64%) and trustworthiness (57%). Article content 'The clock is ticking on post-quantum readiness. It's encouraging that three out of five organizations are already prototyping new ciphers, but deployment timelines are tight and falling behind could leave critical data exposed.' – Todd Moore at Thales Article content The 2025 Thales Data Threat Report results reveal a major focus on the transformative impact of AI, especially GenAI, which relies heavily on high-quality, sensitive data for functions like training, inference, and content generation. As agentic AI emerges, ensuring data quality becomes even more critical for enabling sound decision-making and actions by AI systems. Many organizations are already adopting GenAI, with a third of respondents indicating it is either being integrated or is actively transforming their operations. Article content As GenAI introduces complex data security challenges and offers strategic opportunities to strengthen defenses, its growing integration marks a shift among organizations from experimentation to more mature, operational deployment. While most respondents said rapid adoption of GenAI is their top security concern, respondents in the more advanced stages of AI adoption aren't waiting to fully secure their systems or optimize their tech stacks before forging ahead. Because the drive to achieve rapid transformation often outweighs efforts to strengthen organizational readiness, these organizations may be inadvertently creating their own biggest security vulnerabilities. Article content 'The fast-evolving GenAI landscape is pressuring enterprises to move quickly, sometimes at the cost of caution, as they race to stay ahead of the adoption curve,' Eric Hanselman, Chief Analyst at S&P Global Market Intelligence 451 Research, said. 'Many enterprises are deploying GenAI faster than they can fully understand their application architectures, compounded by the rapid spread of SaaS tools embedding GenAI capabilities, adding layers of complexity and risk.' Article content Seventy-three percent of respondents report investing in AI-specific security tools, either through new budgets or by reallocating existing resources. Those prioritizing AI security are diversifying their approaches: over two-thirds have acquired tools from their cloud providers, three in five are leveraging established security vendors, and nearly half are turning to new or emerging startups. Notably, security for generative AI has quickly risen as a top spending priority, securing the second spot in ranked-choice voting, just behind cloud security. This shift underscores the growing recognition of AI-driven risks and the need for specialized defenses to mitigate them. Article content Data Breaches Show Modest Decline, Though Threats Remain Elevated Article content While data breaches remain a significant concern, their frequency has slightly decreased over the past few years. In 2021, 56% of surveyed enterprises reported experiencing a breach, but that figure has dropped to 45% in 2025. Additionally, the percentage of respondents reporting a breach within the last 12 months has fallen from 23% in 2021 to just 14% in 2025. Article content Malware continues to lead as the most prevalent threat, maintaining its top position since 2021. Phishing climbed to second place, overtaking ransomware, which now ranks third. When it comes to the most concerning threat actors, external sources dominate—hacktivists hold the top spot, followed by nation-state actors. Human error, while still significant, has dropped to third, down one position from the previous year. Article content The 2025 Thales Data Threat Report reveals that most organizations are increasingly concerned about quantum-related security risks. The top threat, cited by 63% of respondents, is future encryption compromise—the risk that quantum computers could eventually break current or future encryption algorithms, exposing data once considered secure. Close behind, 61% identified key distribution vulnerabilities, where quantum advancements could undermine the secure exchange of encryption keys. Additionally, 58% highlighted the 'harvest now, decrypt later' (HNDL) threat, where encrypted data intercepted today could be decrypted in the future. In response, half of organizations are assessing their encryption strategies, and 60% are actively prototyping or evaluating post-quantum cryptography (PQC) solutions. Only one-third, however, are placing their trust in telecom or cloud providers to manage the transition. Article content 'The clock is ticking on post-quantum readiness. It's encouraging that three out of five organizations are already prototyping new ciphers, but deployment timelines are tight and falling behind could leave critical data exposed,' Todd Moore, Global Vice President, Data Security Products at Thales, said. 'Even with clear timelines for transitioning to PQC algorithms, the pace of encryption change has been slower than expected due to a mix of legacy systems, complexity, and the challenge of balancing innovation with security.' Article content While this year's survey results indicate improvements in security posture, much more is needed to elevate operational data security to fully support the capabilities of emerging technologies such as GenAI and to pave the way for future innovations. Article content Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion. Article content The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies. Article content Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion. Article content Article content Article content Article content Article content Contacts Article content Article content Article content
