EssilorLuxottica Releases Latest Voting Rights and Shares Data
EssilorLuxottica's Share Capital and Voting Rights Update
As of September 30, EssilorLuxottica, a leader in the ophthalmic lens and eyewear sector, has reported its current share capital and voting rights. The company is advancing its mission of delivering innovative eyewear globally, ensuring accessibility and quality.
Current Shares Outstanding
EssilorLuxottica has a total of 457,322,326 shares outstanding. This figure reflects the company’s robust market position and investor confidence in its operations. The share count illustrates the firm’s commitment to transparency and active communication with its stakeholders.
Understanding Voting Rights
The number of real voting rights, which excludes treasury shares, stands at 454,375,791. This count is crucial for shareholders as it influences decision-making in corporate governance. The voting rights allow shareholders to participate actively in the company's strategic directions during general meetings.
Theoretical Voting Rights
Including treasury shares, the theoretical voting rights remain at 457,322,326. This figure emphasizes the enriched possibilities shareholders may have when it comes to exercising their voting rights during assembly.
Shareholder Governance Policies
In line with its governance policies, EssilorLuxottica has implemented a cap on voting rights, limited to 31% for any single shareholder. This regulation, contained in article 23 of the company's by-laws, is designed to maintain a balanced power dynamic among shareholders, fostering a collaborative atmosphere for decision-making.
Importance of Governance and Compliance
These measures reflect EssilorLuxottica's dedication to adhering to best practices in corporate governance, ensuring compliance with financial regulations while also empowering shareholders. Such policies are critical for maintaining trust and encouraging active participation from all stakeholders in the corporate hierarchy.
Further Information and Resources
For those interested in exploring further details, it is suggested to consult the prospectus that received the necessary visas from the Autorité des Marchés Financiers, which lays out comprehensive insights into EssilorLuxottica’s governance framework and share distribution. Stakeholders can access these documents on the company's official website.
These disclosures serve as a reminder of EssilorLuxottica's commitment to transparency and the importance placed on its shareholder base.
Frequently Asked Questions
What is the total number of shares outstanding for EssilorLuxottica?
The total number of shares outstanding as of September 30 is 457,322,326.
How many real voting rights are there excluding treasury shares?
There are 454,375,791 real voting rights excluding treasury shares.
What is the theoretical voting rights including treasury shares?
The theoretical number of voting rights, including treasury shares, remains at 457,322,326.
What is the cap on voting rights for a shareholder?
Voting rights are capped at 31% for any single shareholder, promoting equity in governance.
Where can I find more information regarding the company’s governance?
Further information can be found in the prospectus on EssilorLuxottica’s official website under the Governance section.
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