EssilorLuxottica Starts Buyback of Up to $1.68 Billion
June 17 2022 - 1:49AM
Dow Jones News
By Cristina Roca
EssilorLuxottica SA said Friday that it is starting a
share-buyback program for a maximum amount of 1.59 billion euros
($1.68 billion).
The French optical company said the program will run Friday
through Aug. 31 included.
"The shares so acquired are intended to be awarded or
transferred to employees and corporate directors of
EssilorLuxottica and affiliated companies, especially in the
context of profit-sharing plans, bonus and performance share
awards, stock option plans, and employee share ownership plans," it
said.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
June 17, 2022 01:34 ET (05:34 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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