EssilorLuxottica launches a share buyback program. The leading company in the eyewear sector has given a mandate to a specialized intermediary to purchase a maximum of 2,000,000 EssilorLuxottica shares, to be carried out, depending on market conditions, in the period from 31 August 2021 until the final date of 29 October 2021.
The shares thus acquired are intended to be assigned or transferred to the employees and managers of EssilorLuxottica and its subsidiaries, in particular in the context of profit-sharing plans, share-based bonuses and performance bonuses, stock option and shareholder plans. widespread of employees.
The shareholders’ meeting held on 21 May 2021 had given the go-ahead for the purchase of treasury shares in the following 18 months for an amount representing up to 10% of the share capital and for a unit price not exceeding 200 euros.