EssilorLuxottica: Suspension of Share Buyback Program
March 27 2020 - 1:00PM
EssilorLuxottica: Suspension of Share Buyback Program
Suspension of Share Buyback
Program
Charenton-le-Pont, France (March 27,
2020 – 6pm) – In furtherance of this morning’s
announcement, in the context of the COVID-19 pandemic, and with the
likelihood of prolonged uncertainty, EssilorLuxottica has decided
today to stop the implementation of its share buyback program
announced on March 17, 2020.
Since March 17, 2020, 1.55 million shares
for an average price of Euro 102.54 have been repurchased.
In accordance with applicable law and
regulation, all information relating to the shares repurchased from
March 17, 2020 to March 26, 2020, under the share buyback
program, is available on the company’s website at the following
link:https://www.essilorluxottica.com/regulatory-information
EssilorLuxottica is a global leader in the
design, manufacture and distribution of ophthalmic lenses, frames
and sunglasses. Formed in 2018, its mission is to help people
around the world to see more, be more and live life to its fullest
by addressing their evolving vision needs and personal style
aspirations. The Company brings together the complementary
expertise of two industry pioneers, one in advanced lens technology
and the other in the craftsmanship of iconic eyewear, to set new
industry standards for vision care and the consumer experience
around it. Influential eyewear brands including Ray-Ban and Oakley,
lens technology brands including Varilux® and Transitions®, and
world-class retail brands including Sunglass Hut and LensCrafters
are part of the EssilorLuxottica family. In 2019, EssilorLuxottica
had over 150,000 employees and consolidated revenues of Euro 17.4
billion. The EssilorLuxottica share trades on the Euronext Paris
market and is included in the Euro Stoxx 50 and CAC 40 indices.
Codes and symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg:
EL:FP.
CONTACTS
EssilorLuxottica Investor
Relations(Charenton-le-Pont) Tel: + 33 1 49 77 42
16(Milan) Tel: + 39 (02) 8633 4870E-mail:
ir@essilorluxottica.com |
EssilorLuxottica Corporate
Communications(Charenton-le-Pont) Tel: + 33 1 49 77 45
02(Milan) Tel: + 39 (02) 8633 4470E-mail:
media@essilorluxottica.com |
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