on ESSILOR (EPA:EL)
EssilorLuxottica Announces New Share Buyback Program
EssilorLuxottica has initiated a share buyback program, underlining its confidence in its value creation and long-term growth. The company has authorized an investment services provider to potentially purchase up to 5,000,000 of its shares, starting today, August 28, 2026. This program aligns with the 19th resolution from the Annual General Meeting held on April 28, 2026.
The buyback strategy reflects a commitment to enhancing shareholder value. The exact volume of shares to be repurchased will depend on market conditions. This initiative is part of EssilorLuxottica's broader strategy to optimize capital allocation and deliver sustainable benefits to its shareholders.
R. H.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all ESSILOR news