L'Oréal: launch of an employee shareholding operation

(CercleFinance.com) - L'Oréal announces the launch of its fourth employee shareholding operation, deployed in a total of 63 countries, 'to enable employees to acquire shares and to associate them closely with the company's development'.


The operation will involve a maximum number of 275,000 shares (including matching contributions). The subscription period will run from June 5 to June 19, and settlement/delivery of the offer is scheduled for July 30.

The share subscription price was set on May 31, and is equal to the average opening price of the L'Oréal share on the Euronext Paris market over the twenty trading sessions preceding this decision, less a 20% discount.

Copyright (c) 2024 CercleFinance.com. All rights reserved.