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OR LOreal

443.00
0.00 (0.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
LOreal EU:OR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 443.00 440.60 443.50 0.00 01:00:00

L'ORÉAL : SHARE BUYBACK - From May 14th to May 18th, 2018

21/05/2018 1:50pm

GlobeNewswire


Société anonyme au capital de 112 103 817,60 €
Siège social : 14, rue Royale, 75008 Paris
632 012 100 R.C.S. Paris
Legal Entity Identifyer: 529900JI1GG6F7RKVI53

DISCLOSURE OF SHARE BUYBACK
From May 14th to May 18th  2018

The Board of Directors has decided on April 17th 2018, under the authorisation voted by the Annual General Meeting of 20 April 2017, to set up a share buyback programme amounting to a maximum of 500 million euros during the second quarter of 2018. All the shares bought back will be cancelled (1).

((1) The L'Oréal Registration Document filed with the AMF (Autorité des Marchés Financiers) on 14 March 2017 includes, on pages 338 and 339, the other pieces of information that must appear in the share buyback programme description pursuant to Article 241-2 of the General Regulation of the AMF.

About L'Oréal 

L'Oréal has devoted itself to beauty for over 100 years. With its unique international portfolio of 34 diverse and complementary brands, the Group generated sales amounting to 26.02 billion euros in 2017 and employs 82 600 people worldwide. As the world's leading beauty company, L'Oréal is present across all distribution networks: mass market, department stores, pharmacies and drugstores, hair salons, travel retail, branded retail and e- commerce. Research and innovation, and a dedicated research team of 3 885 people, are at the core of L'Oréal's strategy, working to meet beauty aspirations all over the world. L'Oréal's sustainability commitment for 2020 "Sharing Beauty With All" sets out ambitious sustainable development objectives across the Group's value chain.www.loreal.com

CONTACTS AT L'ORÉAL
Individual shareholders and market authorities
Mr. Jean Régis CAROF
Phone: +33 (0)1.47.56.83.02
jcarof@dgaf.loreal.com

Financial analysts and institutional investors
Mrs. Françoise LAUVIN
Phone: +33 (0)1.47.56.86.82
flauvin@dgaf.loreal.com

For further information, please contact your bank, broker or financial institution (I.S.I.N. code: FR0000120321), and consult your usual newspapers, and the internet site for shareholders and investors, http://www.loreal-finance.com, or loreal-finance.com mobile edition on your PDA; alternatively, call +33.1.58.13.51.36.


"This document does not constitute an offer to sell, or a solicitation of an offer to buy, L'Oréal shares. If you wish to obtain more comprehensive information about L'Oréal, please refer to the public documents registered in France with the Autorité des Marchés Financiers [which are also available in English on our Internet site: www.loreal-finance.com].


This document may contain some forward-looking statements. Although the Company considers that these statements are based on reasonable hypotheses at the date of publication of this release, they are by their nature subject to risks and uncertainties which could cause actual results to differ materially from those indicated or projected in these statements."


From May 14th to May 18th 2018



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: L'ORÉAL via Globenewswire

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