on L'OREAL (EPA:OR)
L'Oréal Approves Dividend Increase and Board Appointments
L'Oréal's Annual General Meeting, held in Paris, resulted in the approval of a dividend increase and several board appointments. The dividend for 2026 stands at €7.20 per share, marking a 2.9% increase compared to the previous year. For registered shares held since 31 December 2023, the dividend rises to €7.92. This decision underscores L'Oréal's commitment to rewarding its shareholders. The ex-dividend date is set for April 29, 2026, with payments commencing on May 4, 2026.
The board's composition was adjusted with the introduction of Mr. Pablo Isla, Ms. Anna Lenz, and Ms. Christel Bories as directors, each serving a four-year term. The board now features 18 members, 56% of whom are independent, and 44% are women. Mr. Jean-Paul Agon was reappointed as Chairman of the Board, reaffirming his leadership position.
CEO Nicolas Hieronimus highlighted the group's financial and strategic vision, while Samuel du Retail discussed advancements in AI technologies. The meeting was broadcast online, with resources available on their finance website.
R. E.
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