Today techs EssilorLuxottica pronounces launch of share buyback program

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EssilorLuxottica pronounces launch of share buyback program

Charenton-le-Pont, France (23 September 202207:00 am CEST) – EssilorLuxottica pronounces the launch of its share buyback program reflecting the Group’s confidence in its worth creation and long-term prospects.

With a view to implementing this share buyback program, EssilorLuxottica today techs has granted a mandate to an funding providers supplier for the acquisition of as much as 1,500,000 EssilorLuxottica shares, relying on market situations, over a interval ranging today techs from in the present day, 23 September 2022, up till 31 March 2023.

The shares so acquired are meant to be awarded or transferred to staff and company administrators today techs of EssilorLuxottica and affiliated firms, particularly within the context of profit-sharing plans, bonus and efficiency share awards, inventory possibility plans, and worker share possession plan.

EssilorLuxottica launches this share buyback program today techs in accordance to the 14th decision authorized by the Annual Basic Assembly of 25 Could 2022, throughout which the Firm was granted the precise to buy its personal shares throughout the 18 months that adopted the Annual Basic Assembly, for an quantity representing as much as 10% of its share capital and for a value per share not exceeding Euro 2001.

1 An outline of this share buyback program is accessible on EssilorLuxottica’s web site beneath Regulatory today techs Data.

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