EssilorLuxottica: share buyback program launched
(CercleFinance.com) - EssilorLuxottica announces the launch of a share buyback program, 'reflecting its confidence in its value creation potential and long-term prospects', and has entrusted an investment services provider with a mandate for this purpose.
This mandate covers the purchase of a maximum of 4,000.000 EssilorLuxottica shares, depending on market conditions, over a period starting on July 29 and extending to October 29, 2025.
The shares may be allocated or sold to employees or corporate officers, in connection with profit-sharing, performance share or stock option allocations, and participation in employee share ownership plans.
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