EssilorLuxottica Launches $93.665 Buyback for Up to 5 Million Shares
EssilorLuxottica launched a new buyback with its US-listed shares priced at $93.665. The mandate lets an investment-services provider purchase up to five million shares as conditions allow, representing a maximum of about 1.1% of the company. Treasury shares for employee awards may offset dilution, while canceled shares permanently increase each remaining investor’s stake.