EssilorLuxottica announces launch of share buyback program

EssilorLuxottica announces launch of share buyback program

Paris, France (July 29, 2024 – 08:00 am CEST) – EssilorLuxottica announces the launch of its share buyback program reflecting the Group’s confidence in its value creation and long-term prospects.

With a view to implementing this share buyback program, EssilorLuxottica has granted a mandate to an investment services provider for the purchase of up to 4,000,000 EssilorLuxottica shares, depending on market conditions, over a period starting from today, July 29, 2024, up until October 29, 2025.

The shares so acquired are intended to be awarded or transferred to employees and executive directors of EssilorLuxottica and affiliated companies, especially in the context of profit-sharing plans, bonus and performance share awards, stock option plans, and employee share ownership plans.
        
EssilorLuxottica launches this share buyback program in accordance with the 24^th resolution approved by the Annual General Meeting of April 30, 2024¹.

Footnote
1 A description of this share buyback program is available in Section 6.3.2 of the 2023 Universal Registration Document published on EssilorLuxottica’s website under Investors.

Attachment

• DOWNLOAD THE PRESS RELEASE

You May Also Be Interested In

• NINGJI Takes Centre Stage at KLCC, Strengthening Its Position as a Benchmark for Southeast Asian Expansion Through Five Key Localization Strategies
• Mesoblast Achieves Major Milestone Completing Patient Treatment in Pivotal Phase 3 Trial for Chronic Low Back Pain
• Crypto Fear Index Drops to 37, Best Crypto To Buy Now Buyers Hunt AlphaPepe Before Risk Appetite Returns